RBI does not have to do anything novel or new
Just look at what other economies are doing and copy best practices!… https://t.co/gXpmyfRriR@Charles68431225@LeftieStats Normally this drain is offset by the creation of money through debt, but this comes w… https://t.co/lC0jTPeDGS@staylorish@RD_Economist@t0nyyates The drawn balance on an overdraft facility is a loan asset. That is true of th… https://t.co/lFzeesbszVBank of England warns of worst contraction in centuries, as economic activity slumps - as… https://t.co/sseNoT0MNv@TheNerve7@Rachael_Swindon@jeremycorbyn The govt is not obliged to issue treasury bonds any more than it's oblige… https://t.co/8gmLBBkZHn@staylorish@RD_Economist@t0nyyates No. Balance sheets ALWAYS balance. And if you mean "the Bank of England will… https://t.co/mkdSkhgFFy
The British economy is crumbling as the lockdown drags on, with warnings from Bank of England that the downturn is… https://t.co/a8ffhpr2Bj
RT @Reuters: The British economy is crumbling as the lockdown drags on, with warnings from Bank of England that the… https://t.co/o5BkDzrX4yBank of England warns of worst contraction in centuries, as economic activity slumps - as it happened https://t.co/ruYe8tMAKm
The truth is out: money is just an IOU, and the banks are rolling in it | David Graeber https://t.co/nYUlBQXcyN@bankofengland agrees to extend Ways and Means account (UK Government overdraft facility) from £400M to infinity an… https://t.co/H1zfQ71XvS
Britain could be living through its worst slump for centuries, a top Bank of England official has warned after grim… https://t.co/seVI0BQt5X