@TIMGOLDFINCH@jbhearn@sallycopper@bankofengland You wanted my thoughts, well here they are in full
https://t.co/FyEz48Y58KBank of England to directly finance extra government spending | Financial Times @luke_a_17https://t.co/LSbcx11udA
Today: ?️
- World #economy faces $5 trillion hit that’s like losing #Japan. ??
- #Coronavirus may reactivate in… https://t.co/a5pSfsZe9gBank of England to directly finance extra government spending
FT
This is big! - The Bank of England will directly finance the extra spending needs of the UK government on a tempora… https://t.co/1wRXV3n0e9
As the father of MMT (modern monetary theory) @wbmosler might say:
"Now, where do you think that the money (that t… https://t.co/RlZZHDXu3n
The Treasury and the Bank of England (UK central bank) agree to finance deficits by creating money that does not ge… https://t.co/8sw4deVr1M
5963 | 09/04/20 07:04
Bank of England to directly finance extra government spending https://t.co/aXq2j5jelR via @financialtimes
Treasury borrows billions from the Bank of Englandhttps://t.co/mqmQrqCB2f
That is, defer the ghastly moment when w… https://t.co/Xp62mAPLmK
"......welcome to the world where we realise that there isn’t taxpayer money because the government makes its own" https://t.co/yoMw2QHG9A
NEW:
Treasury and Bank of England announce that it will increase temporarily the Treasury overdraft facility at Ban… https://t.co/he09iU6XUY