David Cameron, the leader of Britain's opposition Conservative Party, undermined the independence of the Bank of England in a speech delivered Thursday.
Cameron told his party's faithful, gathered at the annual conference in Manchester: "If we spend more than we earn, we have to get the money from somewhere. Right now, the government is simply printing it. Sometime soon that will have to stop, because in the end, printing money leads to inflation." The Bank, not the government, has undertaken a