And in terms of qe, I actually believe that the bank of England's QE policy was better than the Fed's because I think extraordinary measures should only happen in extraordinary times. And The Bank of England stepped in twice in the past few years, once during the early days of COVID. I don't remember the exact timing, but you know, let's say March, April, maybe May, and stabilized the smooth operation of the gilt market and then they moved away. (35:00–35:04)
CLAIM
Asserts that the Bank of England intervened twice recently, including during early COVID-19.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
