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boz
Bloomberg Television
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Comments by "boz" (@BOZ_11) on "UK Turmoil Blame Game: Kwarteng Scapegoats Bailey" video.
What are you talking about? Monetary policy should not work against fiscal policy, else you have chaos
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@ssuwandi3240 inflation is due to energy price hikes. killing national income doesn't solve price hikes
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@ssuwandi3240 energy profits doubled in 6 months. There's your smoking gun.
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lol the BoE cannot run out of reserves with which to buy bonds (the central bank creates reserves at will). If govt wants to raise bond yields, it should increase the stated yields on the bonds at issuance. Buying gilts merely removes income from the private sector
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@charl1878 monetary = broad money, fiscal = narrow money
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