Kebabulative Easing
TRASHFUTURE
00:00
QE for Kebabs?
The Bank of England is choosing to end the liquidity mechanism it has for pension funds. Pension funds, which had been lending and borrowing against those bonds,. all of a sudden need to sell a lot of them to make margin. So that they could basically keep their loans up by selling them. And now there's kebabs. I'm not saying you're going to be doing three kebab. No. Kathy Woods getting what she wanted. It's a Bank of England - a blank check for as many chicken donna boxes as she wants.
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