How To Protect Against Sterling Falls

Thrugelmir

darkidoe wrote: »

Oh Sensei! Is this the start of inflation??

3% has been mentioned in 2017.

Pincher

Sterling falls, more tourists. Buy hotel shares?

Companies that export UK made goods. e.g. hover crafts?

Chris75

I can only repeat the age old mantra.

Diversify, Diversify & Diversify again.

I know that I live in the Uk but I see the UK as part of the world economy and so much of what I buy is world (dollar) priced. I even know of very large UK companies that do internal costings and pricings in euros or dollars.

darkidoe

Thrugelmir wrote: »

3% has been mentioned in 2017.

I read somewhere that inflation is probably pent up in the stocks and when it gets out to the real economy, people shall be in for a hyperinflation shock!

But I do read alot of vaguely convincing stuff. Still don't have a clue what to believe. :lipsrseal

Glen_Clark

Thrugelmir wrote: »

3% has been mentioned in 2017.

Nothing has happened yet. We are still fully paid up members of the EU. All we have is mention of a hard Brexit by Theresa May to keep the swivel-eyed loons quiet at the Tory party conference. For that the pound has lost 20% of its value against the dollar.
I'm afraid its looking like more than 3% inflation to me.

Pincher

GBP1=USD1.21 !

That banana you eat was not grown in Kent.

Half banana ration from now on.