A LA WEIMAR: THE BANK OF ENGLAND HAS JUST CROSSED THE LINE INTO OUTRIGHT GOVERNMENT MONETIZING
NOVEMBER 12, 2012
Last week’s news that the Bank of England had stopped Quantitative Easing early because it was not needed was a load of rubbish. The truth is that it was stopped early because MORE COUNTERFEITING WAS NEEDED, and the BOE figured out a way to directly monetize the debt, while out of public scrutiny.
QE will continue TO INFINITY….AND BEYOND!!! on both sides of the pond.
The MSM story actually comares the practice to Weimar Germany.