COMMENT POSTED TO AN ARTICLE IN THE INDEPENDENT
“Brexit will make Britain worse off, Bank of England Governor Mark Carney confirms”
Seems very unusual to hear such a direct, politically-touchy statement from a central bank head.
Of course, he is right, but in a narrow sense.
Brexit has social and political implications, not just economic.
In a way, what many said by their vote was that they were willing to pay a certain economic cost in exchange for non-monetary changes they favor.