After the Second World War the new Labour government nationalised the Bank of England.
Did this give the British Government any new capabilities? For example, could the Government print money before this?
What was the purpose of this move?
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Sign up to join this communityAfter the Second World War the new Labour government nationalised the Bank of England.
Did this give the British Government any new capabilities? For example, could the Government print money before this?
What was the purpose of this move?