Sterling Tumbles, Bankers Manipulate Markets on Brexit
Pretext for more QE and arrival of helicopter money
Kurt Nimmo
Prison Planet.com
June 24, 2016
Following the British vote to leave the European Union, markets around the world slipped into free fall on Friday.
Sterling fell to a low not seen since 1985, far below its value during the 2008 financial crisis. It lost parity against the dollar and the euro, but Mark Carney, Governor of the Bank of England and Chairman of the G20’s Financial Stability Board, said not to worry.
The bank announced it “has undertaken extensive contingency planning.”
Carney said volatility should be expected and the Bank of England has “extensive planning” in place. Central bankers will “not hesitate to take additional measures” and pump 250 billion pounds into the markets. The central bank said It ”has undertaken extensive contingency planning.”
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