BOE Will Provide Banks With Whatever Liquidity They Require

昨晚英國電視好緊張甘報告呢段新聞, 又說希臘情況, 好多人返工無糧出, 有人有錢在銀行都取唔到出來用, 所以好多人都在賣家中值錢的野來換野食 !
英國為避免呢種情況在英國出現, 所以會大手注資金入銀行體系 !

http://www.silverdoctors.com/mervyn-king-boe-will-provide-banks-with-whatever-liquidity-they-require/

Bank of England Governor Mervyn King tonight announced two new stimulus/easing packages to be implemented by the central bank, and stated that “I want to make it clear that the Bank, through its discount window and other facilities, will provide banks with whatever liquidity they require given the prospect of turbulence ahead.”
King also announced a new lending facility called the Extended Collateral Term Repo Facility.
Massive fears of contagion? Check.
New loan facilities with incomprehensible (to the Average Joe) names and acronyms?  Check.
This is starting to feel like 2008 again.
QE to Infinity…AND BEYOND!!!
The Bank of England will launch two new stimulus packages in response to the worsening economic outlook, governor Sir Mervyn King has said.
Together with the government, it will provide billions of pounds of cheap credit to banks to lend to companies.
It will also offer banks access to short-term money to deal with “exceptional market stresses”.

Chancellor George Osborne said the measures would “inject confidence” into the financial system.