NEWS ROUNDUP: Bank Of England Takes Emergency Action ep292
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Bank of England Pivoted 65 Billion Dollar Move to Com Markets
The bank of england took emergency action on wed Wednesday to avoid a melt down in the u.K. Pension sector, on leashing a 65 billion bond buying program. The move will be inflationry at a time of already high inflation. They're printing more money when the united kingdom right now has ten % inflation. On top of that, sprinkle in the energy crisis as well. I don't like how this is going to end. Even you could say, hey, i have bit coin. And it's not only just germany. You guys remember the infamous inflation reduction act in the great old us.
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