Is The Bank Of England Broke - And Does It Matter?

August 31, 2023 00:10:46
Is The Bank Of England Broke - And Does It Matter?
Digital Finance Analytics (DFA) Blog
Is The Bank Of England Broke - And Does It Matter?

Aug 31 2023 | 00:10:46

/

Show Notes

The Bank of England, like other Central Banks, is a weird entity, in that it can, if it wants create money. We saw that through the QE programmes, through which it acquired large portfolios of Government Bonds – known as guilts. The program ran from 2009 to 2022 and was designed to improve financing conditions for companies hit by the 2008 financial crisis. It saw the BOE accrue £895 billion worth of bond holdings while interest rates were historically low. However, the pace at which the central bank has had to tighten monetary policy in a bid to tame inflation […]

Other Episodes

Episode

October 22, 2019 00:37:41
Episode Cover

Harry Dent Says The Bubble Still Has To Burst! [Podcast]

I caught up with world renowned economist Harry Dent, ahead of his latest visit to Australia next month, and we discussed the debt and...

Listen

Episode

December 06, 2025 00:28:00
Episode Cover

Market High-Wire Act Continues: Just Don’t Look Down!

This is our weekly market update where we start in the US, cross to Europe and Asia and end in Australia, covering commodities and...

Listen

Episode 0

December 05, 2022 00:56:51
Episode Cover

It's Edwin's Monday Evening Property Rant!

More from our Property Insider Edwin Almeida, as we discuss the latest from the markets, numbers and the outlook ahead. Go to the Walk...

Listen