Raise interest rates to prop up the pound?

AG47

The pound has much further to fall yet, until interest rates start going back up to normal to halt the pound falling even further

Garethgrew

https://youtu.be/ZVYqB0uTKlE

HornetSaver

Thrugelmir wrote: »

UK exports benefit by the way.

Undoubtedly true. We are a massive net importer though.

While investment will obviously not dry up completely, it is obviously not going to increase until investors have a good idea of the future shape of the country they are investing in. And if it doesn't increase, where does economic growth (or indeed a huge surge in exports) come from?

Conrad

HornetSaver wrote: »

Undoubtedly true.

We are a massive net importer though, and while investment will obviously not dry up completely, it is obviously not going to increase until investers have a good idea of the future shape of the country they are investing in. And if it doesn't increase, where does economic growth (or indeed a huge surge in exports) come from?

Investment will not take much of a hit and will soon take off. Remember I did lots of thread on here urging people to invest in property around 2011 and took a lot of stick as all the experts said otherwise

Think like an investor does. What's your alternatives? Germany? No thanks, it will be even more in the dock to cover any number of Eurozone crises

USA, no thanks, Trump is too Unknown, and the dollar is on steroids, not to mention. $20 trillion Govt debt bomb.

UK? Newly nimble, globally orienting, number one global soft Palmer, safe, trustworthy, will remain the financial hub (100%), I would, the opportunities to arise are vast

Even even we take a slight hit, nothing to worry about, a very small price to pay

AG47

HornetSaver wrote: »

Undoubtedly true. We are a massive net importer though.

While investment will obviously not dry up completely, it is obviously not going to increase until investors have a good idea of the future shape of the country they are investing in. And if it doesn't increase, where does economic growth (or indeed a huge surge in exports) come from?

Yes, we need to import far more than we export, a strong pound would be better for the uk. But instead the pound is getting weaker and weaker.