Happy Article 50 day

Yes lets pick a random date that has no significance and benchmark off that. Great idea, that should prove your point.

It was 1.31 immediately before the vote when people thought we would stay in. It was 1.31 a month earlier, for the 12 months prior to the vote it averaged 1.35. But you want to pick a single day one week prior to the vote because it happens to be the lowest point you can find for comparison purposes

You're not really interested in facts, are you?

 

It went up

So you're saying it had already crashed from 1.35 down to 1.27 the week before the vote,so nothing to do with brexit that makes me right and you wrong then.

 

Oh dear

yes of course that's what those facts mean, course they do, oh yes

 

Since we are picking arbitrary dates, the pound was 1.73 to the Euro in (never mind, a while ago ) so that means Brexitm has been a disaster

 

Well said,so it lost way more before brexit was even mentioned.Tell you what I won't post for a while due to you destroying yourself.

 

I think if you look back you will find we were discussing the inaccuracy of your statement that the pound had only fallen 6% since Brexit

I proved a while ago you were talking bollox, as usual.

I apologise for not stopping at that point and instead trying to educate you. I agree I should have known better

 

Don't get grumpy because you shot yourself down.
The more important thing is,as you say the pound had been in freefall agalnst the Euro and only the brexit vote has steadied it.

 

You bloody idiot, I give up with you

 

I think i said it a while ago, but you should give up trying to talk about anything financial buddy

 

When I said greedy businesses putting up prices in one post did it touch a nerve.

 

If raw ingredients have gone up by circa 20% (and most hedged raw materials have no gone up by that) what do you expect to happen?

Margins are not great enough to absorb the Brexit induced currency fluctuation and resulting price rise.
It's not as though you can even say we didn't tell you this would happen at about the time you lot were promising to give the NHS £350 mill a week.

 

Have already put 20/20 right on this,if the pound drops 7-8% where does the 20% come from ? The other side is if firms export and deal in say Euro's then wages have gone down by 7-8 % so no need for any price rise.


And even if say they buy british raw materials and export,they are making 7-8 % more and prices should be reduced for the domestic market.Greed is the main reason for price rises nothing else.

 

so a pint of beer that costs about 10p to make and sells for £3.50 in my local doesn't have a big enough margin to absorb a 1p rise.

 

The manucaturing price of pint of beer itself is pretty much inconsequential in terms if it being served in a pub. The other overheads arecmassive.

 

You think you won that exchange?

 

Swings and roundabouts,no reason for av prices to rise,some should go up others down.same when we leave,european goods may go up,world goods could and should come down as we wont have Eu tariffs on world imports.And of course I,we the brexitors,always win and you,they the remainers always lose,nothing new.

 

What is it that you are injecting... Its strong stuff.

 

You can't cure stupid, glory

 

He wont understand the comma and now thinks you have insulted me.