12-05-2020, 23:13
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#3279
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Wisdom & truth
Join Date: Jul 2009
Location: RG41
Services: RG41: 1Gig VOLT
Rutland: Gigaclear 400/400
Posts: 12,457
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Re: Coronavirus
What the country must pay for is the deficit due to borrowing. Nothing to do with QE.
As far as I am concerned, QE is an off-balance sheet exercise with essentially zero sum gain. You can read about it at: https://www.bankofengland.co.uk/-/me...ance-sheet.pdf
__________________
Seph.
My advice is at your risk.
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