We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How does government central bank work?
Comments
-
Don't forget that when B of E buys bonds from a bank(QE) the bank now has a deposit, which, because of the fractional banking system, it can now lend out/invest 9 x the amount.0
-
blackshirtuk wrote: »Don't forget that when B of E buys bonds from a bank(QE) the bank now has a deposit, which, because of the fractional banking system, it can now lend out/invest 9 x the amount.
That's totally thrown me!
Nine times the amount?0 -
frothy-coffee wrote: »That's totally thrown me!
Nine times the amount?
It's explained here, prepared to be shocked 2 out of 5 move to 3:30
http://www.youtube.com/watch?v=sanOXoWl0kc
Best to start here though 1 out of 5
http://www.youtube.com/watch?v=vVkFb26u9g8&feature=related0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards