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,
“... of the US Federal Reserve in 1972 to raise interest rates and risk a recession that would weaken Richard Nixon’s chances of re-election. When Paul Volcker was made the Fed chair in 1979, he acted without regard for the potential political fallout, raising interest rates to nearly 20 per cent and causing unemployment to rocket; in 1982, it reached a high of ... ”