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The Greatest Pyramid Scheme since the Time of the Pharaohs?

In: Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy

Author

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  • R. A. Rayman

Abstract

In a speech delivered on Wednesday 18th June 2008 at the Lord Mayor’s Banquet for Bankers and Merchants of the City of London, the Governor of the Bank of England referred fondly to the period “since the Monetary Policy Committee was set up in 1997” as “the NICE decade” of Non-Inflationary Consistent Expansion.

Suggested Citation

  • R. A. Rayman, 2013. "The Greatest Pyramid Scheme since the Time of the Pharaohs?," Palgrave Macmillan Books, in: Toxic Economic Theory, Fraudulent Accounting Standards, and the Bankruptcy of Economic Policy, chapter 1, pages 3-8, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30450-6_1
    DOI: 10.1007/978-1-137-30450-6_1
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