Since 2011, the Bank of England has had a Financial Policy Committee. Just as the Bank's Monetary Policy Committee has responsibility for ensuring price stability, this new committee has responsibility for ensuring the financial stability of the UK. In the short video below, Don Kohn, one of the external members of the FPC explains the functions and workings of this committee.
According to Robert Shiller , speaking at Davos, Bitcoin is a perfect example of a bubble - story here . Shiller sees Bitcoin as a backwards step in the evolution of money. George Selgin , a free banker, takes an opposing view - click here . Although he doesn't believe that Bitcoin is money, he sees its development as a fascinating turn in the evolution of money. In particular, he lauds the fact that Bitcoin production is constrained and cannot be infinite. There is a short video below where Bitcoin explain how it works.