Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Bitcoin touched a market capitalization of $1 trillion as it hit yet another record high on Friday, countering analyst warnings that it is an ‘economic side show’ and a poor hedge against a fall in stock prices. The world’s most popular cryptocurrency jumped to an all-time high above $54,000, setting it on course for a … Read more
Bank of England’s cash-printing programme ‘could hit £1trillion during coronavirus crisis’ The Bank of England believes the UK could face its worst recession in 300 years The Bank’s money-printing programme could hit £1 trillion during the pandemic The UK economy has been significantly impacted during the coronavirus crisis Statistics reveal UK inflation fell to a … Read more
Experts predict Bank of England will ramp up its money-printing programme to almost £1trillion over the next year By Lucy White For The Daily Mail Published: 22:15 BST, 4 June 2020 | Updated: 22:15 BST, 4 June 2020 Making plans: Bank of England boss Andrew Bailey The Bank of England looks likely to ramp up … Read more
Britain is borrowing again. Big time. Remember the old joke about the American general giving evidence to a congressional committee about spending on armaments? ‘You spend a million here… a million there… pretty soon you’re talking real money.’ It was funny then because a million really was a lot of money (I said it was … Read more