The bank theory;

银行理论；

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In theory, the Bank of England should be able to reverse these adverse trends by buying assets on a fairly modest scale.

理论上，英国银行应该有能力通过购买中等规模的资产扭转这种不利局面。

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Next month I'll show you how to apply the theory by developing a few use cases for the Bank of Allen project.

下个月，我将为“艾伦银行”项目开发一些用例，从而向您演示如何应用此理论。

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One important consequence would be that in the next banking crisis, the Bank of England would not - in theory - have to call on the Treasury to put quite so much money into a Royal Bank of Scotland or an HBOS that was facing collapse, because the creditors of those banks would be forced to become shareholders.

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"We can't dismiss it entirely, " said Bruce McCain, chief investment strategist at Cleveland's Key Private Bank, referring to the Dow Theory.

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Since the passage of a new law in 1997 guaranteeing the Bank its independence, it can in theory ignore this pressure.

ECONOMIST: Sermons from the governor | The