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Euroview: UK’s Inflationary Solution To Debt
Euroview: UK’s Inflationary Solution To Debt
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Euroview: UK’s Inflationary Solution To Debt
There are two ways of dealing with debt. Either you pay it back or your creditors eat the loss. The U.K.'s solution is to force creditors to take a loss without an official default. It’s called inflation. And that's what the Bank of England is delivering.
Category: News
Video Length: 60
Date Found: March 25, 2011
Date Produced: March 25, 2011
View Count: 51
 
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