Bank centralny w Anglji

[mlody774]

Czy spoleczenstwo waszego kraju ma kontrole nad rzekmomo waszym
bankiem centralnym? Jezeli tak, to jakie? Nastepnie, czy wogle wie
sie jak jest wypuszczany funt do obiegu i dlaczego rzad musi
sprzedawac "T" bands?

[Gość: Steve]

The Bank of England website is surprisingly clear. See
www.bankofengland.co.uk/about/governance/
on control and governance and
www.bankofengland.co.uk/monetarypolicy/
on monetary policy.

The UK name for T Bonds are Gilts, which are issued by the UK Debt Management
Office: see www.dmo.gov.uk. They are the
cheapest way for the government to borrow money. Put simply, they borrow money
because they are spending more than they earn (eg through taxes) and because
they have to repay old debts that have reached their pay-back date. I think the
UK government is committed to balancing their budget over the economic cycle,
which is normally between 8 to 10 years. Even if they get their forecasting
right, they would still need on average to borrow money to spend for 4/5 years
out of 8/10, with changing daily/monthly needs. They are also committed to
reducing the 'National Debt' - all the money that the government owes. This
policy might be viewed as very successful if they only have to borrow to cover
their spending for 3/4 years out of 8/10.

[mlody774]

Thanks Steve for the good info.

For Steve

[Gość: been]

republicbroadcasting.org/?p=5837

[Gość: Steve]

There's a favourite sign for British factories, shops, offices, etc: "You don't have to be crazy to work here ... but it helps".