A Company of Merchants
Jamie Martin: The Bank of England, 24 January 2019
Till Time’s Last Sand: A History of the Bank of England, 1694-2013
byDavid Kynaston.
Bloomsbury, 879 pp., £35, September 2017,978 1 4088 6856 0 Show More
byDavid Kynaston.
Bloomsbury, 879 pp., £35, September 2017,
“... money supply, the thinking goes, then every time an election comes around they will risk inflation by goosing the economy with easy money in order to buy support from the voters. Price stability requires long-term thinking; but the public wants instant gratification. Without constraints, democracies are bad at self-preservation. It’s for this reason that ... ”