The hapless MPC members are still drawing their huge salaries, and not a whiff of an apology for failing to hit their inflation targets for months, nor a hint that they recognise they contributed to the crash through their boom-bust monetary policy.
Now they are firmly back in boom boom mode. This time they have not only pressed the interest rate accelerator flat to the floor, wrecking returns for savers in the process, but they have put a couple of turbo chargers on the vehicle in the form of quantitative easing.
With these novice drivers at the controls, here are some questions they should answer in public this month as some kind of justification for their super salaries.
1. How much money are you going to print? Is it £75 billion, or £150 billion, or as the Governor suggested, less than £75 billion?
2. What do you want to achieve from printing all this money? How will we judge your success or lack of it?
3. Should we assume you are no longer worrying about inflation? Or do you have some plan to improve the value of the pound, to stop the imported price rises? Can you stop the incompetent government putting up all the public sector fees charges and taxes in an inflation busting manner?
4. Are you trying to get down to a specified level of longer term interest rates for the government to borrow at? If so, why have these rates been rising over the last month?
5. Are you trying to reach a specified level of corporate borrowing rates? If so what are these? How are you doing?
6. Do you have a target for monetary growth? It has been fast in recent months. Is it fast enough for your liking? If not, how much more monetary growth do you want?
7. Why should we believe that longer term inflation will be under control? We all know measured inflation will be seen to be falling over the next few months, but the issues you settle today will affect inflation in 2010-11.