Why the BOE are Selling their Gilts back into the market?
Great question — This is about the Bank of England’s Quantitative Tightening (QT) strategy. As the BOE refuses once again to reduce interest rates, despite all the financial indications (slowing economy, less jobs being created etc), it now decides to sell its Gilts, The BoE has two main ways to shrink its balance sheet […]
Why the Crypto groups are attacking the Bank of England re their plan to limit stablecoin ownership!
Here’s a summary of what’s going on — what the Bank of England (BoE) is proposing regarding stablecoins, what crypto / payments / business groups are objecting to, and why. If you want, I can also give my view on whether their concerns are valid. What the BoE is proposing The BoE plans to […]
Danny Kruger defects to Reform- oh Dear!
Danny sent me his reasons for the Defection!! will there be more? Dear Lee Today I announced that I am leaving the Conservative Party and joining Reform UK. I know this will come as a shock, and strike many as a betrayal of the Party that selected me as a candidate for Parliament and supported […]