Naked Truth #6: Inflation Is Worse Than They’re Telling You | Spencer Lodge
Tell us what you like or dislike about this episode!! Be honest, we don’t bite!
In these ‘Naked Truths,’ I’ll be spotlighting my favourite, most impactful moments from past episodes of Stripping Off with Matt Haycox. These are the moments that hit hardest, offer the most value, and deserve to be heard again.
Your £100 isn't worth £100 anymore and the official inflation figures aren't telling you the whole story.
In this Mic Drop, entrepreneur and financial advisor Spencer Lodge breaks down what actually causes inflation – and it's not Russia, and it's not supply chains. From living through Brazil's hyperinflation, where bread was repriced three times a day, to watching Argentina cut the value of his bank account in half overnight, Spencer explains why governments printing money is the real problem, why every country is just a badly run business, and why the UK can't take the one medicine that would fix it.
If your money's sitting in a bank account earning 2%, this is the wake-up call.
Chapters
0:00 – Intro
0:05 – Spencers Views on the Inflation Crisis
4:44 – How to reverse inflation
6:21 – Where does it all end? How do you fix the deficit?
10:55 – Can a country go bankrupt?
