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The Bank of England’s latest Monetary Policy Report included a measure of “broad money”, or M4X in the jargon, says Damian Pudner. Monetarist economists have “long demanded” that this measure – a comprehensive snapshot of the
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The Bank of England’s latest Monetary Policy Report included a measure of “broad money”, or M4X in the jargon, says Damian Pudner. Monetarist economists have “long demanded” that this measure – a comprehensive snapshot of the
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