Distortions, Lies, and Muggings by the Fed, Bank of England

The BOE virtually guaranteed it will buy whatever it wants, whenever it wants, and however it wants. It is a promise that the BOE will hide, distort, and manipulate to its heart's content to buy whatever time it thinks it needs, just as it has done before.

At least the BOE has the honesty to admit it is crooked. One cannot say the same thing about the Fed.