Mark Carney, Mervyn King and the Law of Diminishing Returns.
891 views · Published 7 July 2016 · 10:26 · Indexed 16 October 2026
Channel: maneco64 · 2016 · Film & Animation
In this video I talk about the monetary policy response of the Bank of England in the post Brexit UK and how Governor Mark Carney is trying to encourage even more credit creation through rule changes and more easy money. I contrast this response to former Governor Mervyn King's view in his latest book, The End of Alchemy.
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