Thursday, August 1, 2013

Dirk Ehnts — Central bank independence: BoE helped to tranfer Nazi gold


More evidence that central bank independence is a disaster.

econoblog 101
Central bank independence: BoE helped to tranfer Nazi gold
Dirk Ehnts | Berlin School for Economics and Law

3 comments:

Matt Franko said...

The key word being "gold".... rsp

Ramanan said...

Not sure if they had talks of "central bank independence" around the time. I think the thing became popular in the 70s in the UK.

Tom Hickey said...

@ Ramanan

Looks like the BoE was private at the time (independent) and acting against the UK national interest.