Quote Originally Posted by Organ Morgan. View Post
You're barking up the wrong tree. Replace Brexit with negative real interest rates. The BoE base rate is 0.25%, CPI inflation is 2.7%. The government is robbing those people I mentioned in my last post by inflating the debt away.
Yes, it is inflating it's way out of debt. As prices go up, taxes rise, and the money owed shrinks in real terms. Secretly, an inflation rate of 6% - 9% would suit the treasury very well. I can see inflation hitting that sort of figure once the great British pound sell off begins in 6-12 months time. The FTSE will rise though, so even urchins like us can make something out of it.