#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:
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