Bank of England's QE Operation Falls Short

The video discusses the challenges faced by the bond market in England, highlighting the insatiable demand for yield and the strategies of institutional investors. It explores the implications of fiscal stimulus and debt issuance, considering the potential for helicopter money. The discussion extends to global economic trends, including declining productivity and aging populations, suggesting a shift towards fiscal policy to meet demand for long-term debt.

Discuss the potential consequences of the government issuing long-term debt.

In what ways does an aging population impact productivity and economic growth?