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UK Borrowed Foreign Currency from the IMF in 1976 — NeilW

Summary:
The 1976 IMF debacle in the UK was a defining moment when the promotion of full employment ended. Fundamentally though it was a political mistake by people who didn’t understand that floating the UK pound fundamentally changed how it behaved.... New WaylandUK Borrowed Foreign Currency from the IMF in 1976NeilW

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The 1976 IMF debacle in the UK was a defining moment when the promotion of full employment ended. Fundamentally though it was a political mistake by people who didn’t understand that floating the UK pound fundamentally changed how it behaved....
New Wayland
UK Borrowed Foreign Currency from the IMF in 1976
NeilW
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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