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Philip Booth
23 January 2013
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  An interesting comment was made recently by Andrew Lilico at a meeting of the IEA’s Shadow Monetary Policy Committee. He suggested that the Bank of England has given up inflation...
Andrew Lilico
19 April 2012
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Does cutting the Bank Rate (the Bank of England policy rate) cut the real-terms cost of capital for investors? Most discussions take it for granted that it does do this. But corporate finance...
Andrew Lilico
11 April 2011
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The fundamental problem in the banking sector is that bank creditors are not exposed to risk of loss. Who are the bank creditors? There are two key sorts: bondholders and depositors. So any useful...
Andrew Lilico
3 July 2009
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There has long been an important problem in the selling of and advising on retail financial products.  Large numbers of individuals and firms call themselves “financial advisors” or even “...