Cordelia Kafetz
Despite speculation to the contrary, the number of banknotes in circulation is increasing. During 2016, growth in the value of Bank of England notes was 10%, double its average growth rate over the past decade.
- Bank Underground is a blog for Bank of England staff to share views that challenge – or support – prevailing policy orthodoxies. The views expressed here are those of the authors, and are not necessarily those of the Bank of England or its policy committees.
Top Posts & Pages
- Who supplies liquidity in CHAPS?
- Pumping Iron: How can metals prices help predict global growth?
- Tight labour markets and self-service beer: is the productivity slowdown about to reverse?
- US Hurricane Clustering: A New Reality?
- The UK’s productivity puzzle is in the top tail of the distribution
- Is a steeper yield curve good news for banks? A challenge to the conventional wisdom
- How lab-grown burgers could feed the world
- Would a Central Bank Digital Currency disrupt monetary policy?
- Central Bank Balance Sheets: Past, Present and Future
- Facebook bank anyone?
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