RichardJMurphy, 
Why do we give the Bank of England so much power? https://www.taxresearch.org.uk/Blog/2024/04/16/why-do-we-give-the-bank-of-england-so-much-power/. It is a truth universally acknowledged that central bankers are abysmally poor at the tasks given to them. So why, after nearly thirty years of supposed central bank independence, do we still think they are credible?
Add comment