Official document WP-1507 reveals how the BoE plans to siphon away up to 40% of your wealth according to our calculations. This "liquidation tax" could trigger a new cost-of-living crisis.
Don't miss out on the three steps to help protect yourself and potentially profit from this crisis.
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Source List:
1 Financial Times - Is financial repression coming? – 19 May 2011
2 Mises Institute – The Meaning of Financial Repression – 6 January 2015
3 Wikipedia 2015 Greek bailout referendum
4 The Guardian - Greek general strike: Petrol bombs and teargas during anti-austerity protest - as it happened – 12 November 2015
5 Economics Help - UK Debt Interest Payments – 3 June 2023
6 UK Debt Management Office – Gilt Market Issuance Calendar for 2024-2025
7 Wall Street Journal - How Britain’s Andrew Bailey Got His Man – 18 October 2022
8 Office for National Statistics – UK debt nearly 100% of GDP
9 The Telegraph - Europe's soft coup d'etat in Italy is a watershed moment – 28 May 2018
10 Bloomberg - The Daily Prophet: Carville Was Right About the Bond Market – 29 January 2018
11 IMF – The Liquidation of Government Debt
12 IMF – About the IMF History
13 Brainy Quote – Thomas Sowell Quotes
14 Financial Foresight - “Inflation is the one form of taxation that can be imposed without legislation.” – Milton Friedman
15 Econlib - The Economic Consequences of the Weimar Hyperinflation – 14 November 2023
16 Zoopla - Mortgage repayments up 60% since 2021 – 29 April 2024
17 The Guardian - How legitimate are the claims in Liz Truss’s 4,000-word Telegraph essay? – 9 February 2023
18 CNBC - Bank of England says pension funds were hours from disaster before it intervened – 6 October 2022
19 IMF Working Paper - The Liquidation of Government Debt
20 Bloomberg – FT30 Crash
21 Ceicdata – UK Stock Market Crash 1972-1974