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Inflation Inflation Inflation
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I think your history teacher is wrong I am sure its 240 old pennies in the pound.;)
And also wrong because "D Day" was in 1971 and so in 1972 - the date to which I was referring, there were very definitely 100 pence to the pound.
It was that, plus my marriage, that seemed to curb my appetite for threepenny bits down the local 'club'.0
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