Vivek Kumar, an economist at QuantEco Research, focuses on the Indian economy and specialises in the macro-quantitative intersections in the currency and bond markets.A former Governor of the Bank of England, Mervyn King, while delivering a speech on monetary policy, invoked King Canute, who as per European folklore, set his throne by the seashore and commanded the incoming tide to halt. Unsurprisingly, driven by the laws of nature, the tide continued to rise and dashed over his feet and the throne.
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