The MMT Podcast with Patricia Pino & Christian Reilly cover image

#84 Andrew Berkeley, Richard Tye & Neil Wilson: An Accounting Model Of The UK Exchequer (Part 1)

The MMT Podcast with Patricia Pino & Christian Reilly

00:00

Historical Evolution of the Bank of England and Exchequer

This chapter explores the historical background of the Bank of England and the UK Exchequer, tracing their origins back to the Anglo-Norman period and detailing the evolution of monetary systems through the centuries. It discusses the relationship between the Bank of England and the Exchequer, the nationalisation of the Bank in 1946, and the concept of the consolidated fund as the source of money in the UK.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app