Is the Bank of England Crashing the Economy?

Sign up to Brilliant for a free 30 day trial and you'll also get 20% off an annual premium subscription: https://brilliant.org/tldr/

Over the weekend, we did a video on UK's gilt crisis - and many of you have pointed out that it's all the fault of the Bank of England. So, in this video, we're taking a look at whether the central bank is indeed to blame, and how this has put the notion of central bank independence under strain.

Are Labour Having a Liz Truss Moment?: https://youtu.be/GjWEEUpBbmc

📰 Too Long: https://toolong.news/
🎞 TikTok: https://www.tiktok.com/@tldrnews
💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA

Support TLDR on Patreon: http://www.patreon.com/tldrnews
Donate by PayPal: https://tldrnews.co.uk/funding

Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.

TLDR is a completely independent & privately owned media company that's not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can't wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!

1 - https://tradingeconomics.com/united-kingdom/central-bank-balance-sheet
2 - https://www.taxresearch.org.uk/Blog/2024/08/06/has-quantitative-tightening-run-out-of-road/
3 - https://www.ft.com/content/d2b5d61d-bb84-40fa-9234-211dae9bc283

00:00 - Introduction
01:01 - Context
02:35 - What is Quantitative Tightening?
07:32 - Sponsored Content

TLDR News
830 Thousand