Britain’s Central Bank Panics

Britain’s central bankers want to liquidate their currency some more. It is like spraying more water on the rigging of a ship in the North Sea, adding to the ice already at dangerous levels, but calling it flotation and forgetting the possibility of roll-over.
Panic stations: Bank’s unanimous vote on QE bodes ill – Telegraph: www.telegraph.co.uk/finance/economics/8368557/Pani….html

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