Insane Bank of England Cuts Rates to 322-Year Low and Announces New Round of Money Printing
1,132 views · Published 4 August 2016 · 6:45 · Indexed 1 November 2026
Channel: maneco64 · 2016 · Film & Animation
In this video I cover the Bank of England's decision to cut rates from 0.5% to 0.25% on August 4th, 2016. They have also announced £70 billion of QE over the next 18 months and £100 billion "free money" to the banks. Donate to maneco64: https://www.patreon.com/user?u=3730528 Donate bitcoin: https://blockchain.info/address/14DUCdB6ZPP3su12VeN1BxWgvMHjAVZJSH
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