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Queen Elizabeth II gets her money from three main ways. The Sovereign Grant, the Privy Purse, a personal investment portfolio which includes several private estates produce money for Queen Elizabeth II.

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9y ago
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13y ago

The central bank of Great Britain, the Bank of England, despite its name, controls the money supply throughout the United Kingdom. It functions primarily through setting interest rates, issuing bank notes and purchasing assets from the Treasury. This is equivalent to the function of the Federal Reserve System in the United States. Like the Fed, the Bank of England has a significant degree of autonomy in setting monetary policy. The Governor of the Bank of England at least nominally reports to the Chancellor of the Exchequer, who is a cabinet minister in the government. The Chancellor is almost always chosen from among the senior MPs within the governing party. The monarch has no executive authority in this hierarchy.

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13y ago

I think that the queen gets most of her wealth from family heirlooms and and stuff that she has inherited from people.

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13y ago

She does, at Coutts bank.

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14y ago

her clothes!!!

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15y ago

Coutts Bank

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Q: Does Queen Elizabeth II control England's money?
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