QE had the aim of removing gilts from the market. The idea was that money would go as a result go into riskier assets, and new investment. It didn’t. It went into speculation.
Speculation is riskier assets, isn’t it?
QE had the aim of removing gilts from the market. The idea was that money would go as a result go into riskier assets, and new investment. It didn’t. It went into speculation.
Speculation is riskier assets, isn’t it?
And today tax pays for government expenditure
I didn’t get it either.