Handshake© imageBROKER /REX/Shutterstock
Who do you trust? Your best friend? Sure. Your partner? Of course. Your dog? Implicitly. Okay, good. Now, how about your grain trader? Erm… Your agronomist? Well…. Your secretary of state for the environment? Splutter…. Do I sense prevarication? Society is built on trust. What’s the £5 note in your pocket actually worth? Nothing. The gold standard is long gone. The Bank of England’s “Promise to Pay” represents our joint fundamental belief in the smooth operation of monetary policy and […]
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