A Currency Apocalypse Courtesy of the Old Lady of Threadneedle Street.

in #economics2 years ago

In this report, we will look back two years ago at the Bank of England's complacency about inflation and its misguided justification for massive monetary stimulus.

The Bank of England along with the government has brought Britain to the brink of ruin or currency collapse as monetary finance or debt monetization has helped trigger a massive rise in consumer and retail prices.

Andrew Bailey interview from May 2020 with Chris Giles of the FT:

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