Coin Bureau(@coinbureau):FLASHBACK: 🇬🇧 In 1976, Britain was so broke it took the biggest bailout in IMF history at the time. Fifty years later, the pound has lost nearly 90% of its purchasing power since that year, with £100 then buying what £934 buys today, per ONS data. The 2% inflation target most central banks defend still halves your money every 35 years.

Coin Bureau

@coinbureau

Official Coin Bureau X account: covering breaking news, insights & in-depth analysis across Fintech, Macro & AI.

Joined September 2017

430 Following 1.1M Followers

Coin Bureau@coinbureau

2026.08.29 21:00

FLASHBACK: 🇬🇧 In 1976, Britain was so broke it took the biggest bailout in IMF history at the time. Fifty years later, the pound has lost nearly 90% of its purchasing power since that year, with £100 then buying what £934 buys today, per ONS data. The 2% inflation target most central banks defend still halves your money every 35 years.