@henryfudgeofficial: UK Budget 2026: the part nobody read. The Bank of England's QE made the Treasury £124bn, then rates rose and the bill flipped. Now paragraph 1.49 lets the Treasury decide how Britain refinances it, and that looks like a bet that interest rates fall. Would you take that bet? Your opinion wasn’t considered we put it all on black #UKBudget #QuantitativeEasing #BankOfEngland #economics #RentierBlackHole
complicated stuff, but very well explained. As someone who genuinely understands this stuff, would you have taken the bet they did?
2026-11-01 10:23:46
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pluto :
Last 10 years.. Brexit, Covid now the country is broke and Poundland is going out of business.. how did we get to this ffs 😭😭😭
2026-10-30 19:56:15
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JordanBelfort :
Couldn't understand any of this and what it means to me. Atleast Henry you get it.
2026-11-01 10:00:51
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pani🧛🏿 :
His name is Fudge. Henry Fudge.
2026-10-30 21:12:59
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Henry Fudge :
There are some other details to cover such as the benefits to corporate landlords over individuals, but this one is the reason why this budget came out ‘boring’
2026-10-30 19:25:53
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glitchy_k :
For me one of the most depressing things about this budget is that in their executive summary, which is meant to have thier big headline announcements, they proudly put "saving households £30 off their bills by 2030." Like cmon man what are you doing 🫠🫠🫠
2026-10-30 19:48:52
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Apple_Fed :
TLDR: “…could be good, could be shit”. Fingers crossed and thanks for the explainer
2026-10-30 22:53:21
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GarethB :
Henry I love your content but please give us one happy post a week
2026-10-30 20:18:24
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milano_77799 :
I was waiting for this one
2026-10-30 19:21:28
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毒药 🎭 JESTER :
And the government says pip is the problem lmao…
2026-10-30 23:58:07
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Dante Matteo Ecca :
So uhm, if British people wanted to fix it, they would all buy some of those bonds?
2026-11-01 05:22:54
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Will :
im predicting he says ‘now based in Switzerland’ 15 seconds in, and ‘rentier black hole’ 45 seconds in
2026-10-31 07:24:08
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gcsal1 :
Could you do a video of how you’d personally tackle the UK economy if you were sat as chancellor? Take politics out of it (if possible)
2026-10-30 23:20:42
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MC :
going technical here... that makes one understand how subtle and intricate this stuff is
2026-10-30 19:49:04
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Rashid___Hussain :
I’ll keep it high level - £10bm more for Ukraine
2026-10-30 20:01:53
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sdeber :
Are you going to do a video on the AI bubble? I believe today is the beginning of the AI bubble burst 😳. Is it going to impact us as badly as the one in 2008?
2026-10-30 21:46:07
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TomClark84 :
Ah balls it’s just hit 11pm and I’m about to go to bed . I think I’ll save this one for the morning 😂
2026-10-30 23:04:23
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Glowstar. 🇮🇪☘️ :
is there not a massive conflict of interest here, the bank of England should be independent but how can they be when buying debt form the government??
2026-10-30 23:59:07
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Manu Maniek 🏴 :
In short, the money is not really there. They just keep printing and renaming to bonds, debt, etc etc. our gov doesnt really care
2026-10-30 20:42:09
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eduardo aesthic :
Rejoin the eu
2026-10-31 19:11:53
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EA :
Honestly, it’s analysis like this that makes your content an absolute gem for those who want to be more economically literate, thank you
2026-10-31 00:11:27
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jaketheunmistakable :
so, in short, the UK central Bank initiated massive transfer of wealth from the poor to the rich in response to a crisis of credit banks transferring masses of wealth from the poorest to the richest that was so problematic is almost destroyed the entire global money system. the net result of all of that is there will be a new transfer of wealth to richest from the poorest that will probably mean that even we'll off people can't afford their mortgages
2026-11-01 07:55:19
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Devan :
is there any plausible way for policy to force interest rates back down without catastrophic side effects?
2026-10-31 08:34:47
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FITNES365 :
all very much correct, and I have a question: are Central Banks not forced in marking-to-market anything they have on balance sheet?
2026-10-31 10:53:29
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