Bank Of England Throws Caution to the Wind By Relaxing Mortgage Rules.
Video chapters:
00:00 Introduction
00:36 A few announcements
03:57 The borrowing and spending game
06:20 Central Banks and Governments are moving the goalposts
11:50 Bank of England relaxes mortgage rules
15:07 Market update
19:26 Conclusion
Today we will look at how Central Banks and governments have no intention of stopping the inflation of currency and credit.
We feel that their current so-called tightening monetary policy is anything but and that they actually want you to stay in the game and keep spending and borrowing.
The Bank of England, for example, has relaxed rules that were brought in after the 2008 Crisis to protect consumers from taking on too big a mortgage!
Norman Dodd's Interview with G.Edward Griffin:
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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