Race To Debase From Central Bankers Gone Wild: Another Central Bank Creating Currency to Buy Bonds!

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Wall St. For Main St., Released on 11/9/20

Britain’s economy has been supported by a surge in debt-fueled spending by the government, and the Bank of England (BOE) is buying up many of those bonds. The increase in the size of the BOE’s asset-purchase program took it to 895 billion pounds, 50 billion pounds more than expected by most economists.

Bank of England ramps up stimulus again to tackle COVID-19 and Brexit hit finance.yahoo.com/news/bank-e…

The Scale of Australia’s Bond-Buying Spree Is Closing in on the Fed’s finance.yahoo.com/news/scale-…

New Chris Cole interview on Grant William’s free podcast, The End Game: ttmygh.podbean.com/e/teg_0010/

Jason Burack is an investor, entrepreneur, financial historian, Austrian School economist, and contrarian. Jason co-founded the startup financial education company Wall St for Main St, LLC, to try to help the people of Main Street by teaching them the knowledge, skills, research methods, and investing expertise of Wall Street. You can also find Jason’s work at his blog website at www.jasonburack.com.

 

 

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