英国当前的政策组合是疯狂的

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致敬凯恩斯、索罗斯、利佛摩尔

财政政策大幅减税,但是并没有配套相应的结构性改革

货币政策维持一个人为的相对低利率

但是:目前面对的通胀水平是G10国家当中最高的,真实利率最低

这种组合的合理性在哪儿?我感觉这一届英国政府干不长久,毕竟类似安倍经济学这样的疯狂政策,英国还不具备民意基础。

Translated:BoE decision is necessary but may not be sufficient

Publisher:Cameron Crise

(Bloomberg) -Things are getting more and more curious. While the BoE always looks like an easy victory in the upcoming QT sale in the face of a collapse in the UK government bond market, they announced their intentions bybuy UK government bondsWhile in mid-October it was right to resume market functioning, of course the initial reaction was to moderate some of the worst price movements, not only in UK assets but in other markets as well.

That being said, from a height of 40,000 feet, the whole situation is insane. Temporary monetization of government debt under irresponsibl

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