Nigel Farage Quotes
Predictions are a mug's game.
Farage, Nigel. Flying Free. Biteback Publishing, 2011.
He is absolutely right, but unfortunately made this statement several years after he served as the Fed Chairman. He never made a statement like this when he and his colleagues made their policies based on their economic forecasting. Central bankers have generally felt that one of their jobs was to give the people confidence in the nation’s banking system and economy and the admission that much policy making was based on “coin toss” forecasting.
He does not claim that a prediction may not coincidentally turn out to be accurate—just that the predictor has no certainty whatsoever and at best was guessing and at worse manipulating.
Nigel Paul Farage is a British activist, political commentator, broadcaster and former politician who served as Leader of the UK Independence Party (UKIP) from 2006 to 2009 and 2010 to 2016 and as Leader of the Brexit Party from 2019 to 2021. He served as Member of the European Parliament (MEP) for South East England from 1999 until the United Kingdom's exit from the EU in 2020. He was the host of The Nigel Farage Show, a radio phone-in on the Global-owned talk radio station LBC, from 2017 to 2020. Farage currently serves as the Honorary President of Reform UK.
