The Hidden Origins of the Bank of England
Chapter II is the origin story Goodson cares about most. Not Rome. London. He wants you to see the Bank of England, 1694, as the moment a king sold the right to create money and never got it back.
Chapter II is the origin story Goodson cares about most. Not Rome. London. He wants you to see the Bank of England, 1694, as the moment a king sold the right to create money and never got it back.
Book: Financial Stability: Fraud, Confidence and the Wealth of Nations
Authors: Frederick L. Feldkamp and R. Christopher Whalen
ISBN: 978-1-118-93579-8
The 2008 financial crisis broke a lot of things. Banks failed. Markets crashed. Millions lost their jobs.
But it also broke something less obvious: the idea that light-touch regulation was good enough to keep the financial system safe.
This is post 9 in a series on Trading Economics: A Guide to Economic Statistics for Practitioners & Students by Trevor Williams and Victoria Turton (Wiley Finance, 2014, ISBN: 978-1-118-76641-5).
So you know what inflation is and what causes it. But how do you actually measure it?
Turns out there’s more than one way. And the differences between those measurements matter a lot more than you’d think.