The Bank of England's easing of capital requirements sounds like good news on the surface—banks get breathing room, shareholders see better payouts. But here's the catch: according to a couple of the BoE's own former insiders, this move won't do much for the real economy.

It's classic financial engineering. Capital gets redirected toward dividends and buybacks rather than productive lending or business investment. While equity holders pop champagne, Main Street barely notices the difference. The policy moves money around the system but doesn't fundamentally expand economic activity.

For those watching global monetary trends, it's a reminder of how central bank adjustments ripple through markets. When major economies shift their stance—even incrementally—it shapes liquidity flows and risk appetite across all asset classes, including crypto markets.