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.
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- Does domestic uncertainty really matter for the economy?
- A LOOPy model of inflation
- Do investors amplify or cushion corporate bond market sell-offs?
- Car finance – is the industry speeding?
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- About
- Beyond blockchain: what are the technology requirements for a Central Bank Digital Currency?
- Venetians, Volcker and Value-at-Risk: 8 centuries of bond market reversals
- Mind the gap: Services trade liberalisation and global imbalances
- Car finance: what’s new?
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