“The law of unintented consequences should be required reading at the Bank of England” – Adam Walkom, IFA Magazine
PWP managing partner, Adam Walkom, was quoted in IFA Magazine this week, in an article entitled ‘Bank of England announces additional measures to support market functioning – reaction’.
Adam Walkom, Co-founder at London-based Permanent Wealth Partners: “The law of unintented consequences should be required reading at the Bank of England, but unfortunately they’ve neglected to do their homework. Who would have thought raising interest rates so much so quickly could have dire repercussions? The answer is virtually everyone it seems, except those on Threadneedle Street. This should give serious pause for thought for the Bank of England during their next Monetary Policy discussion.”