As I have already noted this morning, the new Governor of the Bank of England has been throwing down the gauntlet to the government this weekend, threatening not to undertake direct monetary funding (DMF) of government spending if he does not want to do so. I wrote this blog in 2015: I argued on the […]
source https://thebtrader.com/2020/04/06/bank-of-england-independence-is-just-a-charade-thats-already-been-shot-to-pieces-by-quantitative-easing-the-governor-needs-to-get-his-facts-right-pretty-quickly/?utm_source=rss&utm_medium=rss&utm_campaign=bank-of-england-independence-is-just-a-charade-thats-already-been-shot-to-pieces-by-quantitative-easing-the-governor-needs-to-get-his-facts-right-pretty-quickly
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