#bankofengland #QE #sterling #inflation #bonds #pension #pension #markets
Today we will go over the Bank of England's intervention to a vert not only a collapse of the government bond market but the pension industry.
The bank of England announced £65 billion in QE despite the fact it is supposed to be doing QT or unwinding its balance sheet.
Our conclusion is that the Old Lady of Threadneedle Street will only stop inflation after the currency hyperinflates into worthlessness.
Fiat Money Inflation in France by Andrew Dickson White (free pdf): https://cdn.mises.org/Fiat%20Money%20Inflation%20in%20France_2.pdf
Human Action by Ludwig von Mises (free pdf): https://cdn.mises.org/Human%20Action_3.pdf
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