WARREN MOSLER | Modern Monetary Theory

RE: BOE letter

[Skip to the end] (an interoffice email) > >   On Tue, Jun 17, 2008 at 7:58 AM, DV wrote: > >   Mervyn King was required this morning

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FT: Detail of BOE plan

Looks functionally the same as direct lending to the banks vs their mortgage-backed securities. Don’t know why they are taking this indirect route. Maybe because

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