UK central bank becomes first in the world to adopt direct monetary financing to fund government spending during the coronavirus crisis. …
Direct Monetary Financing
Bank of England embraces monetary financing: Positive Money response
Responding to the news that the Bank of England will be directly financing government spending through the Ways and Means facility, Fran …
To help fight Covid-19 the Bank of England must commit to direct monetary financing
The Bank of England is indirectly financing the Treasury’s spending on the response to Covid-19. We welcome this development, but further …