FLASHBACK: ๐ฌ๐ง 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 ยฃ100 then buying what ยฃ934 buys today, per ONS data.
The 2% inflation target most central banks defend still halves your money every 35 years.