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The result was early elections, less than two years after the coalition took office, and an electorate fed up with such arrant folly.
Provocatively entitled "The Arrant Folly of QE", it is interesting not least because Mr Smithers is at complete odds with Martin Wolf; in the past, the pair have often been in agreement with the latter quoting the former in the FT on many occasions.Anyway, Mr Smithers states thatthere are several assumptions which underlie QE and only if they can be considered reasonable can QE be justified.
Similar(58)
This is arrant nonsense.
"That is arrant romanticism".
So why the arrant Yankophobia?
What arrant nonsense!
This is juvenile, arrant nonsense.
Pure folly?
What folly.
Football commentators have always talked arrant poppycock.
It happens to be arrant nonsense.
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