Posted originally on Aug 8, 2025 by Martin Armstrong |
The Bank of England has cut its base interest rate to 4%, even as it warns of rising inflation. “We’ve cut interest rates today, but it was a finely balanced decision. Interest rates are still on a downward path, but any future cuts will need to be made gradually and carefully,” Governor Andrew Bailey stated.
The nine-member panel of the Monetary Policy Committee voted to lower rates by 0.25 percentage points, but failed to reach a unanimous vote with four members wishing to pause and another voting for a cut. The committee initially began with a 0.5 percentage point vote before reducing it to 0.25, marking the first time the MPC has needed a second vote—no one knows what they are doing.
The bank lowered rates but admitted that headline inflation is expected to hit 4% in September, up from the initial 3.75% estimate. Households are already spending one-tenth of their income on food, yet the bank expects food inflation to spike to 5.5% this year.
The central bank attempted to blame grocery store employee wages for price increases. “Furthermore, overall labour costs of supermarkets are likely to have been disproportionately affected by the lower threshold at which employers start paying NICs… these material increases in labour costs are likely to have pushed up food prices.” Every nation is facing a sharp upturn in food prices and store employees are not the culprit. The bank also acknowledged that unemployment has risen for five consecutive months, with unemployment reaching a four-year high in May 2025 at 4.7%.
The central bank cannot fight inflation as consumer demand is not driving price increases. Russian sanctions, net zero insanity, regulation, taxes, and an overall decline in public confidence have led Britain to decline. Let us not forget the looming sovereign debt crisis that every central bank is attempting to ignore publicly. Starmer is steering the nation directly into war, which never benefits the people and will become the primary culprit of inflation in time. The central bank cannot control fiscal policy; it cannot control inflation—all it can do is pretend to have a grasp on the situation to quell panic.
Posted originally on Aug 3, 2025 by Martin Armstrong
I have written directly to members of the Trump Administration and received no reply. When you generally write, you get the standard form thanking you for your letter. Not getting even a form letter response tells me they are not allowed to be passed on. The Deep State is still the gatekeeper for correspondence. Even if you write to your Congressman, you get the form letter response, and they will NEVER see your letter if the gatekeeper disagrees. Welcome to democracy.
Director of National Intelligence Tulsi Gabbard has also come to realize the reality of Washington. She has said she is surrounded by “deep state actors” within the government who are actively working to undermine the president’s agenda and suppress information. These are the people who think they are defending the Constitution, but they are taking us into World War III.
Naturally, CNN has always to report the opposite. If Trump said the sky is blue, they will call him a liar and report it is red. They are in the pocket of the NEOCONS, even if only the top brass know what the real agenda is. They claim that Gabbard’s actions were a politically motivated attempt to rewrite the history of the Russia investigation, according to CNN. The NEOCONS only look at their hatred of Russia and maintain that they must be wiped off the face of the earth. They ONLY look at that objective and are destroying the United States and Western Civilization.
The National Debt is bloated because of endless wars. This has not benefited society. The corruption feeds only a few in the Military Establishment that President Eisenhow warned us about. The debt is unsustainable, they will demand higher taxes and reduce our living standard all for their endless wars. This one they are cooking up will end the United States. Their debt cannot be sustained, and this is the Sovereign Debt Crisis, all for their hatred of Russians. This is what 2032 is all about. They will bankrupt the West, and the Financial Capital of the World will move to China. Sorry, that is what the computer is projecting. It’s not my opinion. I am just so glad I am not 18 today. While Kinzinger claims we can defeat Russia in 3 days, I do not see any such war that has been finished in 3 days.
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