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
by David Kynaston.
Bloomsbury, 879 pp., £35, September 2017,978 1 4088 6856 0 Show More
by David Kynaston.
Bloomsbury, 879 pp., £35, September 2017,
“... was 10.2 per cent in October 2009). Jimmy Carter, who had appointed Volcker, was crushed by Ronald Reagan in the 1980 presidential election. But inflation was brought under control, and the lesson was learned: central banks must not concern themselves with the election cycle if they are to guarantee price stability. By the end of the 1990s, most of ... ”