01 January 2023
UK in Cost of Living Crisis
As the Bank of England unleashes double digit inflation on the people of the United Kingdom by debasing their currency—whilst reducing the debts of wealthy asset owners in real terms, the people are plunged into financial hardship.
Prices for essential goods and services are soaring, and many families are having to choose between heating their homes and buying groceries. The sharp rise in food prices has led to increased demand at food banks, highlighting the growing number of people who cannot afford basic necessities. This level of financial terrorism and harm by the Bank of England has not been seen in decades.
Consumer Prices Index (CPI) vs Money Supply (M2) - 01 January 2023. Data courtesy of the
Office For National Statistics
and the
Bank of England
Absurdly, after deliberately increasing the money supply 24%, as the UK government forced many to stop producing, the Bank of England is trying to blame others. On top of its list is Russia. The Ukraine conflict may have disrupted supply chains, but so does stopping people from producing. The Ukraine conflict did not cause house prices, rents or jewellery to increase 20%+, debasing the currency did that.
Had the Bank of England not used the pandemic as an excuse to debase the people's currency once again, the people of the UK would not be suffering as they are.