BREXIT price rises

DollarSaver

Thanks for the views and advice.

enthusiasticsaver

A lower pound will lead to increased import prices. Technology is the prime candidate for this.

globalds

enthusiasticsaver wrote: »

A lower pound will lead to increased import prices. Technology is the prime candidate for this.

Yeah right !

Because the trend with technology is that is just goes up and up ...

SSD's ..No one will notice the pounds fall compared to this




http://www.pcworld.com/article/3011441/storage/notebook-hard-drives-are-dead-how-ssds-will-dominate-mobile-pc-storage-by-2018.html

Thrugelmir

DollarSaver wrote: »

Everything we now import has cost more as the pound has fallen so there will be a knock on.

What happened before Brexit. Has everyone been asleep at the wheel.

Conrad

Given the EU imposes tariffs on goods, especially food imports from outside the EU, once were put we can buy at world prices, which on many food items means an 80 % tarif reduction.

I believe non EU cars have a10% tarif imposed, so once we are outside we can deal with say Japan and not have to pay said tarif

Thrugelmir

Conrad wrote: »

I believe non EU cars have a10% tarif imposed, so once we are outside we can deal with say Japan and not have to pay said tarif

Providing Japan treats UK imports equally.

CLAPTON

Thrugelmir wrote: »

Providing Japan treats UK imports equally.

do you not believe in the benefits of free trade even if one sided?

Graham_Devon

It's interesting that the same people who were writing off 5% inflation (and much higher food inflation) 3 years ago as "something we have to get on with" are now stressing out over price rises due to the pound falling in value.

Wotsthat I hear? You don't know who I'm on about?

wotsthat

Graham_Devon wrote: »

It's interesting that the same people who were writing off 5% inflation (and much higher food inflation) 3 years ago as "something we have to get on with" are now stressing out over price rises due to the pound falling in value.

Wotsthat I hear? You don't know who I'm on about?

...and vice versa it seems.

I won't be getting so stressed I wet my pants and start a thread every time petrol goes up by a penny.

You might remember last time we saw an increase in inflation I explained my personal inflation rate remained low because I took practical measure to reduce it rather than just moaning on the internet.

I've already implemented measures to ensure my inflation rate remains low and I've mentioned some of them already. Following a French trip I don't need to buy wine, washing powder, coffee, olive oil for best part of a year, I've postponed a $ funded big holiday, lettuce and tomatoes are flowing from the garden, a few kegs of home brew cider are on the go, pension contributions increase YoY and so do the tax rebates. The list goes on.

I've been lucky enough to have never seen a pay rise less than inflation and for the last 8 years (at least) my personal inflation rate has been somewhat less than RPI/ CPI. Holiday homes and early retirements don't pay for themselves you know and are being funded by what I like to call the frugality margin.

It's not me I worried about - it's the little people that matter to me; the little people like you Graham.

Graham_Devon

wotsthat wrote: »

It's not me I worried about - it's the little people that matter to me; the little people like you Graham.

Cheers bud.