11 UK pound just hit the lowest EVER recorded as the new CONSERVATIVE government thinks it can print away inflation. (media.kotakuinaction2.win) posted 1 year ago by NotAGlowy 1 year ago by NotAGlowy +13 / -2 24 comments download share 24 comments share download save hide report block hide replies
It briefly hit 1.03 to the USD. Parity likely incoming as the central bank is keeping interest rates artificially low.
Argentina tried this two decades ago. It failed.
Failed at what purpose?
Hard to say, the country went through times so dark they wished the military would occupy them again. It's hard to figure out a goal when the country fails that hard.
There's your answer.