We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The pound

24567…10

Comments

  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    nearlynew wrote: »
    All paper currencies eventually reach their intrinsic value i.e zero

    What we are seeing is a slow race to the bottom.

    How's the bunker coming along?;)

    This latest fall in cable is due to USA raising their depost rate. In simple terms, the Chinese were unhappy with the return on some US treasuries so sold a lot ($34bn). The USA increased rates to keep them onside, and the US$ rose because it now offers an increased return.
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    The_White_Horse wrote: »
    Anyone that voted for them should be fined heavily to pay for the mess they have made.

    Not in favour of democracy then WH?
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • Emy1501
    Emy1501 Posts: 1,798 Forumite
    We are net importers as far as I'm aware. A Low pound will cause inflation I suspect. Cant really see Primark etc being able to keep their costs low. How much stuff do people own that are made in the UK?
  • C_Mababejive
    C_Mababejive Posts: 11,668 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    See how good for us it is if you are fortunate enough to be going on holiday this year...
    Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
  • purch
    purch Posts: 9,865 Forumite
    Seems quite a lot as we are the 6th largest manufacturer in the world

    I'm sorry. :(

    Such answers do not fit into the general mood of this thread.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • The_White_Horse
    The_White_Horse Posts: 3,315 Forumite
    vivatifosi wrote: »
    Not in favour of democracy then WH?

    that is democracy - you have the right to choose - but you should pay when you choose the wrong party.
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    drc wrote: »
    Other countries will buy from us 'cos it's cheaper and we produce so much great stuff which they really want?


    but what we import becomes more expensive...

    Which is the majority of what we buy in a supermarket.
    Not Again
  • blueboy43
    blueboy43 Posts: 575 Forumite
    drc wrote: »
    Other countries will buy from us 'cos it's cheaper and we produce so much great stuff which they really want?

    Another person who thinks the only exports worth having are those in Masefields "Cargoes" poem.


    Dirty British coaster with a salt-caked smoke stack,
    Butting through the Channel in the mad March days,
    With a cargo of Tyne coal,
    Road-rails, pig-lead,
    Firewood, iron-ware, and cheap tin trays    .

    How are we ever going to be Great again without making our own "cheap tin trays".

    ;)
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    1984ReturnsForReal wrote: »
    but what we import becomes more expensive...

    Which is the majority of what we buy in a supermarket.

    Pretty handy if, as Gen and Dopester believe the major threat is still deflation icon7.gif
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • michael1983l
    michael1983l Posts: 1,916 Forumite
    It's alright we can sell our gold reserves at record prices to get us out of the poo poo.... oh.... Brown did that back in the boom of 2001 when the gold prices was at one of its lowest...... :(


    In the voice of homer..... DOH!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.3K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601.1K Mortgages, Homes & Bills
  • 177.6K Life & Family
  • 259.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture