#cpi #inflation #interestrates #costofliving
Today we will look at the real forces behind inflation and why it is a deliberate government policy.
We will go over the CPI, RPI, and the public sector net borrowing requirement for the month of May.
The conclusion for the day is that unless the Bank of England aggressively raises rates and the government stops its profligate spending we will continue to see the cost of living rise.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
