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The Pound in Your Pocket Will Be Sacrificed on the Altar of Debt.
#inflation #debt #interestrates #gold #silver
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With CPI still double its target the Bank of England's chief economist, Huw Pill, has come out and said that Britain will get a 'reward" for lower inflation.
In this report, I will explain to the viewer why this so-called "falling inflation" is anything but a reward as we go over the mechanism through which our fiat currency system works and why inflation is the Central Bankers' hidden weapon to confiscate the purchasing power of the currency that you are forced to use via legal tender laws.
The biggest beneficiaries of this inflation machine are the bankers, the government, and debtors while savers and those on fixed incomes are left holding the bag.
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