That's right, the Bank of England has pivoted. The UK pension meltdown is avoided for now but for how long? Due to the looming financial crisis caused by falling bond prices and increasing interest rates, the BOE launched a fresh quantitative e…
That's right, the Bank of England has pivoted. The UK pension meltdown is avoided for now but for how long? Due to the looming financial crisis caused by falling bond prices and increasing interest rates, the BOE launched a fresh quantitative easing scheme to create pounds and purchase gilts. The already record-high rate of inflation in the UK is expected to rapidly increase. Where will the next bluff come from among the central banks?
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DISCLAIMER: The financial and political opinions expressed in this video are those of the guest and not necessarily of "Rethinking the Dollar." Views expressed in this video should not be relied on for making investment decisions or tax advice and do not constitute personalized investment advice. The information shared is for the sole purpose of education and entertainment.
