The Bank of England nearly financed the deficit. Does it matter? Federal Reserve Covid recovery plan

The Bank of England nearly financed the deficit. Does it matter? Federal Reserve Covid recovery plan

Friday 22 January 2021 – Vol.12 Ed.3.5

Commentary: The Bank of England nearly financed the deficit. Does it matter?

By Chris Papadopoullos in London

When the UK government announced a rise in the amount it could borrow from the Ways and Means facility, a slew of articles on monetary financing followed. The question over monetary financing is interesting but largely irrelevant. The real question is...

https://allaboutshipping.co.uk/2021/01/22/the-bank-of-england-nearly-financed-the-deficit-does-it-matter-federal-reserve-covid-recovery-plan/

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