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Bank Of England Admits They Want To SUPRESS WAGE INCREASES & Business Profits To Fight Inflation Which Is Actually Due To Monetary Debasement

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Bank Of England Admits They Want To SUPRESS WAGE INCREASES & Business Profits To Fight Inflation Which Is Actually Due To Monetary Debasement

In other words debase the money supply and allow everyone to get indebted and the big companies to take advantage of low rates. Then suddenly raise interest rates to reduce small Business Free Cashflow and individuals with debt have less money because they are paying more interest. In other words.....the poor and the middle class debt holders are now paying for the monetary debasement and will default on their mortgates and credit cards.

The fact they openly admit what they are doing and say it is justifed to not allow businesses profit margins shows where we are with FIAT.

HODL

submitted by /u/daniel9473
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