Countries experiencing lower inflation boast a combination of more active governments, lower dependence on fossil fuels and real …
central bank
Interest rate decision – Positive Money response
The Bank of England has raised interest rates for the tenth time in a row. The Monetary Policy Committee voted to raise rates by 0.5% …
Is the Bank of England using the wrong tools?
Central banks like to maintain that interest rates are the main way they can influence the economy. But behind this there are more powerful …
Father Christmas visits the Bank of England
This morning Father Christmas helped us deliver an early Christmas present to the Bank of England to expose a dirty secret: its support for …
Modern Monetary Theory and Positive Money, Part 3: Shadow Banking
As part of our series of blogs examining the relationship between Modern Monetary Theory and Positive Money’s proposals, this guest post by …