In a recent interview with the Financial Times, former Bank of England Governor Mark Carney made the striking claim that ‘in 2016 the British economy was 90% the size of Germany’s. Now it is less than 70%’. This claim is garbage, for two reasons. Unfortunately, it is just one of a tsunami of fake statistics which is helping to turn public opinion against Brexit.
Indeed, Mr Carney went even further on the Radio 4 Today programme last Friday, when he appeared to blame the current surge in UK inflation and the latest increase in interest rates on the decision to leave the EU.
Let’s start with the Germany comparison. Mr Carney has attempted to contrast the sizes of the two economies over time using the prevailing market exchange rates. This in itself is dodgy. But even his own numbers are wrong, because he has mistakenly compared real…
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Utopia, you are standing in it! 
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