Investors are actually paying for the privilege of owning UK's IOUs | Nils Pratley

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Investors are actually paying for the privilege of owning UK's IOUs

People wearing masks walk past the Bank of England.Roll up, who wants to lend to the UK government for three years for zero interest?

 

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fund supermarkets charge a lot more than that on any uninvested cash — another rip off

They should put the money under their mattresses. 😷

If the rich are investing to lose a little bit of money.... Doesn't give the rest of us much hope.

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