Does the following excerpt imply that there is a Part 3 to the Bank of England story?
“ Prior to Carney’s appointment, the government also ended the disgraced FSA, which had done nothing to head off the orgy of crimes committed by the major UK banks (the subject of the report which follows).”
The parenthetical clause about “the report which follows” should have been edited out of this post.
It was in the original, unpublished article from 2016-2017, referring to other articles composed in a series about British banks, only some of which were published.
So, no, there is no Part 3 to this Bank of England story.
The most efficient mechanism for implementing a global “bail-in” will be manifested when everybody’s money is in the form of a Central Bank Digital Currency (CBDC).
The economics that gives shape of what we are living now, described in a simple way so those that are
not so experts in economics can uderstand, Only very good pedagogues can do it so masterly as you.
Does the following excerpt imply that there is a Part 3 to the Bank of England story?
“ Prior to Carney’s appointment, the government also ended the disgraced FSA, which had done nothing to head off the orgy of crimes committed by the major UK banks (the subject of the report which follows).”
Thanks for your perceptive question:
The parenthetical clause about “the report which follows” should have been edited out of this post.
It was in the original, unpublished article from 2016-2017, referring to other articles composed in a series about British banks, only some of which were published.
So, no, there is no Part 3 to this Bank of England story.
--- Anton Chaitkin
The most efficient mechanism for implementing a global “bail-in” will be manifested when everybody’s money is in the form of a Central Bank Digital Currency (CBDC).