Comments by "Steph Foxwell" (@stephfoxwell4620) on "'Banking wobbles in America and Europe' could prevent inflation dropping | John Redwood MP" video.

  1. Wales is not a nation. It is a Principality.
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  2. Since 2010 the Tories and their Banking buddies have printed £2,500 billion of new money. £50,000 for every adult. Only taxation and interest rates can be used as a brake on the inevitable inflation. They've raised taxes to the highest level since 1950 except on the richest 5% of people. So the only tool left is interest rates. But ten months on and it is still 6% points lower than inflation. It needs to be 6.5% minimum to have any effect.
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  3. So printing money is irrelevant you think? The USA, by the way, has printed $20 trillion in six years.
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