Comment: Hmmm..

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"The Bristol pounds are anchored to [FIAT] sterling and for every Bristol pound that's in circulation there's a sterling sitting in a trust fund account.” “So it's not inflationary at all. We're not doing any sort of quantitative easing or anything that's against the financial regulations,”

Does this strike anybody else as nonsense?

So, they print 250,000 additional paper notes, link it's value to the existing FIAT currency (the Pound, which they have the audacity to STILL call Sterling [as though it is as good as silver]), put them into circulation and consider them none inflationary?

Am I missing something?