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Re:Theresa May: UK must leave European single market by notahacker on Tuesday January 17, 2017 @09:00AM (#13417528)
I understand there are a few arcane rules concerning the BoE not being allowed to purchase govt bonds directly from the govt. But that's not what most people would understand by control of monetary policy.

Similarly with fiscal policy, whilst the UK is supposed to "endeavour" to follow the Stability and Growth Pact rules on keeping deficits down, it can and does cheerfully ignore those rules without risk of penalty.

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