Pound In Grave Danger As Bank of England Drags Its Feet.

in #money4 months ago

Today we will look at how the Bank of England is way behind the curve in terms of reining in inflation and why the pound is in danger of hyper inflating.

There is a debate about whether the Bank of England's MPC will raise rates by 0.25% or 0.50% on Thursday but we think that is academic and will do nothing to help fight inflationary pressures that are reflected by rapidly rising consumer and retail prices.

Mervyn King Interview with Sky News:

Bank of England Flagrantly Fudges Inflation Data.:


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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.

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