Biggest expansion of Bank of England's balance sheet in two centuries

[TimberWolf]

It is a pretty line though. Where's it heading? It's not often you see nice vertical lines of that length of almost mathematically purity and markedly prettier than all the other fluctuations shown in the last 200 years on that graph.

[RichardCranium]

Does this mean we can go through 50s austerity Britain again?

No.

Back in the 1950s there were insufficient people to do the work in the factories, mines and shipyards and we had to have a big immigration programme to get all the work done.

We're not going to have that problem this time.

[The_Equalizer]

Does this mean we can go through 50s austerity Britain again?

[threaded]

Must see Image: http://blogs.telegraph.co.uk/finance.../qehistory.jpg



The spike is as high as during WW2!

But it's ok, the City will save us...

Not really, they're jumping ship.

[AtW]

Must see Image: http://blogs.telegraph.co.uk/finance.../qehistory.jpg



The spike is as high as during WW2!

But it's ok, the City will save us...