British Money Printer Goes BRRR: Bank to Buy USD 125bn of Bonds

The Bank of England – the UK’s central bank – has sent its money printers into full BRRR mode, agreeing to essentially create USD 125 billion worth of pound sterling as the coronavirus pandemic continues to disrupt the British economy.
Per the BBC, the bank’s nine-member governing council voted 8-1 to increase the size of its bond-buying program.
The British economy  Read more »
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