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You do not need to be a banker, economist or hedge-fund manager to understand what is happening with gold. Think of it like this. If you believed there was a growing chance that the value of money could be damaged by inflation, government debt, political trouble or financial sanctions, would you keep every penny you…
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If you spent your morning laying bricks in horizontal sleet, driving a delivery van with a heater that gave up years ago, or working outside in weather that makes your fingers stop cooperating, spare a thought for a very different kind of hardship: HMRC staff working from home. Yes, the same department that can chase…
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💵🇺🇸🇬🇧Russia claims America could make its gigantic national debt easier to carry by allowing the dollar to lose value over time. There is no proven secret plan to magically erase $37 trillion with crypto. But the basic idea is real: inflation can make old government debt cheaper in real terms. And that is where British…
Chameleon Blog
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Ian McEwan
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