More BBC financial nonsense...

Reporting on the £275bn programme of UK government debt purchases the BofE are engaging, yet again the BBC completely mislead...

"It is designed to put more cash into the UK financial system, to reduce long-term borrowing costs, and to push up the value of assets such as shares and house prices."

Inflation does not increase values. It increases prices. Anyone reading that sentence who doesn't understand money (and that's most people unfortunately) would assume that it is unequivocally g...