Britain Faces a Decade or More of High Inflation.

2 years ago
125

#inflation #CPI #RPI #pound #sterling #dollar #gold #devaluation #commodities #CostOfLivingCrisis #economy #markets

Today we will look at why Britain is facing a decade or more of rising prices or inflation.

We will go back in time and look at when PM Harold Wilson devalued the pound in 1976 by 14% and said that "the pound in your pocket" would still be the same.

Harold Wilson's statement on the pound in 1967: https://www.youtube.com/watch?v=mIQnpoGBS1I

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