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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- Car finance: what’s new?
- Foreign-owned firms and productivity
- Your country needs funds: The extraordinary story of Britain’s early efforts to finance the First World War
- Low real interest rates: depression economics, not secular trends
- Central Bank Balance Sheets: Past, Present and Future
- About
- Car finance – is the industry speeding?
- Banks are not intermediaries of loanable funds – and why this matters
- Central Bank Digital Currency: DLT, or not DLT? That is the question
- Bitesize: Elections, confidence and misery (US edition)
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