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An interesting position was voiced by the former head of the British government. Liz Truss has once again returned to the topic of monetary policy and does not hide her skepticism regarding the current authorities' course. According to her, the British economy has stalled precisely because no one wants to honestly discuss how the monetary system actually works.
Truss points to a simple fact: constant money issuance and inflation lead to the devaluation of the pound. This is not a new idea, but when it is voiced by a former prime minister, it becomes clear that the discussion is about structural problems, not cyclical fluctuations.
What’s interesting is that she mentioned Bitcoin. Even when Truss was working at the Treasury from 2017 to 2019, she was already viewing cryptocurrencies as a potential tool for protection against devaluation. Back then, it sounded radical, but now, as more people seek alternatives to traditional currencies, this perspective seems less utopian.
In the interview, she called monetary policy a taboo for official dialogue. It turns out that the system itself protects itself from criticism. Truss sees this as an attempt to maintain centralized control and limit citizens’ financial independence. In this context, Bitcoin appears not just as a speculative asset, but as a way out of this closed cycle.
Liz Truss essentially talks about the need for alternative solutions. It’s hard to disagree that when governments are unwilling to honestly discuss currency policy, people start looking for a way out on their own. And in this sense, Bitcoin becomes a symbol of such a search.