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Uk Domestic Debt As A % Of Monetary Base - What's The Figure?

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Anyone know what percentage of UK domestic debt in relation to the monetary base is?

So outstanding mortgage debt / personal loans etc...

UK base money is ~£350bn. UK GDP is ~£1.5trn, so base money is 20% of GDP.

UK household debt is presently 140% of GDP, say £2.1trn. Ergo, base money is just 16% of household debt. The BoE needs to print MUCH more to monetise that lot.

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UK base money is ~£350bn. UK GDP is ~£1.5trn, so base money is 20% of GDP.

UK household debt is presently 140% of GDP, say £2.1trn. Ergo, base money is just 16% of household debt. The BoE needs to print MUCH more to monetise that lot.

Thanks.

So there's plenty more room for them to play.

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  • 239 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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