Bank Of England Chooses Hyperinflation to Save Gilt Bond Market, Pension Funds & Mortgages

2 years ago
3

The Bank of England (BOE) turned on the money printer today to save the financial world....for now. Yields on Gilt bonds were going so high, so fast Pension fund managers begged the BOE to intervene and buy bonds. So they did, over one billion pounds worth of bonds. This drastically dropped the yields, not only on the 10 year Gilt, but also the US 10 Year bond. This saved the financial markets for now, but at the expense of hyperinflation. This won't end well. Keep Your Ear to the Ground, and Head on a Swivel!
#bankofengland #bond #financialfreedom

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