You have to doff the cap to some of the Guardian’s leading columnists.

They come out day after day, whirling their delicate arms in a pugnacious defiant way, only to be knocked flat on to the floor by Tim Worstall:

As we’re all surveying the rubble we’re agreeing that the root cause was that interest rates were set at inappropriate levels. So, in order to counter act this we’re going to give away our power to set interest rates?

Good one, good one.

Splat.

Clunk.