2025-10-21
This seems like a good point at which to review some of the different aspects of British Monetary Control over the last century, plus a a bit more ...
Firstly some home truths about banking in general and how it works (or doesn't work} to facilitate the operation of markets at a basic level. It's a bit long but it's essential to understand how markets work to resolve the need to barter the goods we have produced in exchange for the produce of others. This is the primary function of money that usually gets lost as too basic to mention.
Now Daniel Hannan reviews the modern operation of the Bank of England.
And lastly, Matt Ehrett explains the history of Empire, and its modern reincarnation ...
Don't try to take it all in at one sitting - you will need several!
