QE restarts in UK

https://www.reuters.com/markets/europe/bank-england-buy-long-dated-bonds-suspends-gilt-sales-2022-09-28/

As one might expect, the first of the big central banks just threw inflation fighting out the window in favor of more printing to prevent their debt from spiraling out of control. It's a clear sign that the fight against inflation is less important than the fight against sovereign default. They always print more, eventually.

Submitted September 28, 2022 at 06:38PM by dickingaround https://ift.tt/phQGwkT