It was the case that the Bank of England, the senior officials in the Treasury, senior officials in the Cabinet Office were saying, you know, we have to think about the consequence of, if we do this lockdown, we’re going to have to borrow huge amounts of money.
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DC on BoE indicates QE to become YCC …
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It was the case that the Bank of England, the senior officials in the Treasury, senior officials in the Cabinet Office were saying, you know, we have to think about the consequence of, if we do this lockdown, we’re going to have to borrow huge amounts of money.