Liz Truss Warns of UK Economic Weakness and Currency Debasement
Former UK Prime Minister Liz Truss has warned that the British economy is on a “very negative trajectory,” arguing that decades of weak growth, high taxes, and heavy regulation are leaving the country “relatively poorer, very quickly.” In a recent interview, she linked rising inflation and inequality to what she described as the “debasement of currency,” pointing to monetary expansion and loss of confidence in sterling. She also said the lack of open debate around monetary policy within government and academia has become “quite sinister,” suggesting that key economic discussions are being avoided despite their importance.
Truss, who briefly served as prime minister in 2022, defended her controversial mini-budget, arguing that the market instability that followed revealed deeper structural weaknesses in the financial system rather than causing them. She highlighted risks within leveraged pension strategies and broader financial fragility exposed during that period.
Bitcoin Support and Launch of CPAC UK Movement
Now outside frontline politics, Truss has expressed growing interest in bitcoin, describing it as a potential safeguard against currency debasement and excessive central control. She first encountered the cryptocurrency during her time at the Treasury and said it continues to represent financial independence and resistance to overregulation.
She is also launching CPAC UK, a three-day conference aimed at building a “sovereignty and liberty” movement focused on political and economic reform.
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