Crows Outside (@CrowsOutside) header
Crows Outside (@CrowsOutside) profile picture

'... a kind of spaciousness in which things appear to happen, things which have no significance or meaning of any kind...'

Joined January 2021
Lol, I refer you back to these two posts.
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They do. Normally they would use the facility, they would use the interbank market. As Carney explains here
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What do you mean "reserves come along after lending"? Here's a description of the DWF from here: bankofengland.co.uk/markets/…
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Lol
Replying to @RegHumber @an0n_Nic
Reg, the govt is the currency issuer, it literally issues £s into existence every time it buys something/spends. Taxes are not a fund raising exercise.
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Thanks for confirming my previous post. You too.
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Where did you get $11tn from? That's not what the DMO says👇 P.S. it's all denominated in £s 👍
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Progress, maybe? Here's what it told me it would do 👇 does it match your experience? Also, the question I asked wasn't political in any way.
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