#inflation #CPI #BOE #GoldStandard #UK #CostOfLivingCrisis #convertibility #currency #money #government #BankOfEngland
Video Chapters:
00:00 Introduction
00:57 A couple of announcements
02:29 The inflation debate in the U.K.
03:22 The blame game won't solve the inflation problem
04:49 Bank Restriction Act of 1797
07:41 Bank of England Inflation Calculator proves a gold standard eliminates inflation
09:50 The Gold Standard did not cause the Great Depression
12:10 Market update
15:20 Conclusion
With the Bank of England and its governor in the line of fire for allowing double-digit inflation we thought it would be a good time to look at the only simple and easy way to solve the inflation problem.
We will look back in history and in particular at the Restriction (1797-1821) period and roughly the century after that to show how there is only one way to stop inflation.
Bank Restriction Act 1797: https://en.wikipedia.org/wiki/Bank_Restriction_Act_1797
Bank of England inflation calculator: https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator
SUPPORT MANECO64:
Use promo code maneco64 to get a 0.5% discount on physical gold and silver bullion purchases at https://www.goldinvestments.co.uk/
GlintPay App, Save and Spend in Gold - Use referral code MarioGlint79
https://glintpay.com/
Teespring Store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/maneco64
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.