Beware of Inflation – Oil Price Inflation, OPEC, Russian Chess vs US Checkers, Mortgages, Bank of England and More
Money Tree Investing
00:00
Introduction
Kirk Chisholm: There's so much news everywhere. The Bank of England said on Wednesday that it's going to buy U.S. UK, not U.S., government debt in order to halt a bond market crash. Doug Hagren: Investors have been dumping the pound in UK bonds which is putting a lot of stress on pensions across England and across Europe. Kirk: An interesting statistic I was looking at earlier - Japan, European Central Bank and US Federal Reserve all were right about the same amount of money in terms of balance sheets.
Transcript
Play full episode
