BofE breeziness about ending QE seems odd, given the market upheavals caused by Fed’s past attempts to shrink its balance sheet, both in 2013’s “taper tantrum” and then in the Fed’s own experience of “quantitative tightening” three years ago.
ft.com/content/da550a… https://t.co/b5ff1hLIFW
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…