#inflation #BOE #QE #balancesheet #moneyprinting #gold #silver #goldstandard #economy #moneysupply #GDP
Today we will look at how the Bank of England and the government are working together to inflate the money supply and how that will seep into the real economy and, in our opinion, inflict major damage in the value of the British pound or the national currency.
We note that as well how the emergence of QE or quantitative easing after the 2008 crisis has lifted the Bank of England's balance sheet from £72 billion in 2008 to a present level of almost £900 billion and how it should be at £1 trillion or 50% of GDP by the end of 2020.
Keep track of the inflation of the Bank of England balance sheet: https://www.bankofengland.co.uk/weekly-report/balance-sheet-and-weekly-report
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