Saturday, July 18, 2015

Neil Wilson — Banks are fully funded

The Bank of England has published a blog post asking if Quantitative Easing boosted bank lending.
The language in that piece isn't helpful. But it is written in the expected format of its intended audience (those who believe in the BLC theories) without being wrong. I thought it might confuse a few people.

All banks are fully funded, as I've indicated before….
3spoken
Banks are fully funded
Neil Wilson

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