How Central Banks Legally Plunder Your Savings.

#money #inflation #cpi #interestrates #government

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Today we will look at inflation and the Bank of England's latest decision to keep interest rates well below the rate of price rises or what is called the CPI.

I will go over the fact that inflation is nothing more than the theft of the purchasing power of the currency and that the only way to stop it is to raise interest rates to a high enough level in order to destroy the credit bubble and allow the real economy to grow.

We will look back at history to see that inflation has been something that governments have been doing for thousands of years and that the public always gets ripped off.