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UK HYPERINFLATION - First Rampant Money Printing Now Inflating GCSE and A Level Grades by 25%

Politics / Education Aug 22, 2020 - 06:12 AM GMT

By: N_Walayat

Politics

The UK government has been busy printing money (debt) that the Bank of England has been dutifully monetizing (QE) so as to keep interest rates artificially low, near zero, the consequence of which is inflating consumer and asset prices, REAL inflation not the bogus inflation as measured by the highly manipulated CPI inflation index. You'll see money printing inflation consequences manifest themselves in house prices, stock prices and of course your weekly supermarket shops.

However, the Government is not done there with it's printing binge as this years GCSE results illustrate. There was a time when statisticians would warn of grade inflation as each year it became easier than the year before to get those pass rates and top grades usually by a couple of percent. However, THIS year we have not had grade inflation instead we have had Grade HYPERINFLATION! A 25% jump in the 7-9 grades given as the government buckled to those who never even sat the exams and let the teachers print the grades for their students as my following video illustrates has dire consequences for all those who hold 2020 certificates that are not as valuable as the grades suggest them to be just as the money in your pocket is not as valuable after the government printed £500 billion to pay for covid-19 handouts.


Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

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© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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