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Dennis@home Dennis@home is offline
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Default [EU] budget implications

On 19/01/2017 19:42, tim... wrote:


"Dave Plowman (News)" wrote in message
...
In article ,
tim... wrote:
what I don't understand about all these "horror" stories about how
this 18%
fall in the pound is affecting prices


is why we didn't see the same stories in the press in 2008 when the
pound
crashed a horrendous 40% (1.45-1.02)


yes 40% - more than twice the fall this time


yet not a squeak there was


Really? I don't know what meja you use,but any change in the value of the
pound was and is covered extensively. Even more so back then with banks
all around the world crashing.


Oh I'm sure that the fall in value was reported

what wasn't reported was the constant "everything going up because of it"

tim




In those days we probably didn't import as much so the price rise would
have been less for most people.
Now just about all the affordable electronics and stuff is going to go
up if the pound goes down. This is also true of a lot of food stuff.