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0 sats \ 0 replies \ @carlosfandango 30 Sep 2023 \ on: BoE: New Lending Facilities To Avoid Turmoil bitcoin
Since the most recent disruption to bond markets was entirely the fault of a disaster of an economic policy ‘Truss-enomics’ they cannot trust the politician to give the BoE the adhoc tools to solve crises of the politicians making (policy & tax laws) or their own (interest rates etc).
As an aside there are 2 policies coming in next year; the UK will lower capital-gains tax thresholds (from £6k to £3k) and increase the threshold for investment and retail banks need to be separated (£250m to £350m). Shows which side policy is on….