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|OBR - Office for Budget Responsibility. Oxymoron surely/
Besides, if you compound 3 or 4 or 6 or 8% on top of an already received 35- 50% jump in inflation you're not going to get 'less inflation', it's just going to not be as bad as it was. great!
So even if it's 'just' 3% it's still going to be massive. And anyway, OBR (oxymoron) won't be taking recent events into account will they!! They are just basing it on bolox they read in the daily mail and on twitter as they work from home producing vital vital stats that are out of date before they even begin.
How can you have all the money in the world underwritten and not cause massive inflation? Answer, you can't. The USA alone has 30 trillion outstanding in the money supply. 30 trillion! Actual cash in circulation is about 45 billion. the rest is just made up money. You guarantee that made up money what is going to happen. Do you think the fabled work from home folk at the .. cough, .. Office for Budget Responsibility have the very slightest ifrickingdea? I don't.
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