Andy Haldane, the Chief Economist and the Executive Director of Monetary Analysis and Statistics at the Bank of England recently proposed that the UK should switch from a fiat to a digital currency based economy to support the UK’s economic growth.
“The balance of risks to UK growth, and to UK inflation at the two-year horizon, is skewed squarely and significantly to the downside,” Haldane told Express U.K. “There could be a need to loosen […]