Friday, August 05, 2016

Printing money to fund the NHS would have been fine

The Wall Street Journal editorial page expresses horror at the Bank of England's announcement yesterday of a new corporate bond purchase program --

The corporate-bond purchases aren’t nearly as welcome because they run so counter to the spirit of Brexit.

Apparently, the "Spirit of Brexit," besides views on immigrants and the Irish border, also involved a nuanced position on monetary policy instruments. 

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