Bank of England “Addicted” To Printing Money Says Report

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Bank of England “Addicted” To Printing Money Says Report

Reading Time: 2 minutes A report from the House of Lords has criticized the Bank of England for being “addicted” to printing money The bank will own almost a trillion pounds worth of government and corporate bonds by the end of 2021 Bank of England governor has frequently criticized Bitcoin, which has a fixed supply The Bank of England has been criticised as being “addicted” to printing money, with a House of Lords committee warning that the bank was widening wealth inequality with constant quantitative easing and needs to prove it is working. By the end of 2021 the Bank of England will own
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