Birdwatch Note Rating
2024-05-27 13:16:49 UTC - NOT_HELPFUL
Rated by Participant: 382C72F278DA3AF0D45B66C6504B6BB6EC86F4BDFAA00EBF7349403F1E8E836B
Participant Details
Original Note:
During the near collapse of the bond market in the UK, the Bank of England gave market assurance. The government reduced their stock of bonds by £80bn over 12 months. It is important to note that offloading or distribution of bonds is not the same as “printing money”. https://www.bankofengland.co.uk/financial-stability/resolution
All Note Details