W T F: Pound hit by falling UK inflation

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#1

W T F: Pound hit by falling UK inflation

13 October 2009, 11:03

BBC: Pound hit by falling UK inflation

"This is bad news for the pound," said Duncan Higgins, senior analyst at Caxton FX.

"The CPI figures will weigh heavily on the UK currency and will continue to discourage investment."

Now, I know about how the economics of all this works, but it is all a crock of s.... .

It reminds me of this bit of 1933 propaganda

What a man, what a leader. Inflation - Yowza - Happy days are here again!

How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

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MPwannadecentincome

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#2

13 October 2009, 11:33

"Happy Days are here again!" Hmmmm

This default font is sooooooooooooo boring and so are short usernames
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DiscoStu

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#3

13 October 2009, 11:49

Falling inflation? We can't be printing enough money.

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BoredBloke

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#4

13 October 2009, 11:51

Well the pound has been taking a real kicking over the past few weeks. Our exporters must be loving life...............both of them!

Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.

I preferred version 1!
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#5

13 October 2009, 19:18

Oh,yes, this reminds of perfect timing to drop German stuff for euro's and come back for pounds .
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