Faculty News

Lord Mervyn King's predictions on the future of central banks, from his book, "The End of Alchemy," are referenced

Excerpt from Quartz -- "We assume that the way money works now—fiat currency controlled by central banks—is a law of nature. It isn’t. It is a particular set of man-made, transient institutional arrangements. The former governor of the Bank of England Mervyn King says in his recent book The End of Alchemy that central banks’ 'extinction cannot be ruled out altogether.'"

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