As I showed in an article entitled ‘The Real Inflation Figure in the UK is now over 35%’, on 13th March 2023’ the real inflation rate is far higher than the Government and the mainstream media is telling us.
If you had £1,000 in a bank or building society on 1st January (or in a sock under the bed) then it will be effectively worth £650 by Christmas 2023.
And by Christmas 2024 it will have lost another third and will have a purchasing power of a little over £400.
If inflation continues at the present rate your savings will be worthless in just a few years’ time.…
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Source: Dr Vernon Coleman - MB ChB DSc Read the original article here: https://vernoncoleman.org/