pethadine82
On Moderation
- Joined
- 16 Jun 2012
- Messages
- 276
I have seen some brand new rolling stock and also funding for infrastructure, now I understand not all comes from the tax payer. How exactly is this funded. Does the Bank of England print more money in the form of Bonds and adds it to the debt pile . I know Biden is going huge with infrastructure spending and this will be issued in terms of bonds. I listened to a summary of Jerome Powell's and Janet Yellen's testimony and it does seem that they are very much committed to infrastructure spending and what the US does normally follows on here, however if inflation rises (the fed have said they will let it run at 2%) then will the commitment to fund new infrastructure projects here in the future be mothballed ? Love to hear thoughts from others here as I can't think of a more greener way to travel than by train.