Thursday, March 26, 2020
Where to now?
Helicopters on standby?
As I posted below the BoE have run out of their traditional responses. This article considers the alternatives now available.
One thought on “Where to now?”
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stillthinking says:
“any monetary financing should be explicitly temporary, with both the Bank and the Treasury able to call a halt to it at any time, and a commitment that the bonds purchased will be sold back into the open market when feasible”
That bird has flown surely?