Join us for our launch event and also learn about RADIX – the think tank for the Radical Centre of contemporary politics.
Should Bank of England independence be beyond question?
This is the question we address in our new paper titled: Quantitative Easing – the debate that never happened. We argue that there is no such thing as apolitical money and that politics and monetary policy are inseperably intertwined. We examine the ways in which Quantitative Easing has increased wealth inequality without political accountability. We suggest that a public debate on the form and limits of central bank independence is overdue – for the benefit of citizens as well as for maintaining the credibility of the Bank itself.