For most of BofE’s history it was a manager of gov debt. In 1997, with cb “independence", function was hived off to newly created Debt Management Office (dmo). Now thanks to QE BofE owns 1/3 of debt -> boundaries blurred again. Nice one @DuncanWeldon
economist.com/finance-and-ec… https://t.co/2gUZtO5KMl
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…