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

by Jason Burack of Wall St For Main St

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.

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READ  Top 5 central banks (ECB, Fed, BoE, BoJ and PBoC) still expected to grow by another 5 to 6 trillion USD by the end of 2022

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