Banks buy bulk of £39.8bn of new gilts - Telegraph
Britain's banks have emerged as by far the largest buyers of Government debt in the last six months, as demand from other UK investors and foreign buyers fell away.
So we bail out the banks with printed money and they buy govt debt with it? This is how our new economy works?
I feel much happier buying Gold thanks.
Britain's banks have emerged as by far the largest buyers of Government debt in the last six months, as demand from other UK investors and foreign buyers fell away.
So we bail out the banks with printed money and they buy govt debt with it? This is how our new economy works?
I feel much happier buying Gold thanks.
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