I just love his policies - devalue the pound and all is sweetness and light. No thought to inflation wrecking personal finances and increased cost of imported fuel.
O K if you are a Labour "supporter" on benefits I suppose.
I just love his policies - devalue the pound and all is sweetness and light. No thought to inflation wrecking personal finances and increased cost of imported fuel.
O K if you are a Labour "supporter" on benefits I suppose.
The pound has already been devalued by the markets to the tune of 25% since 2007/8.
The effect of the last formal devaluation in 1992 during the ERM crisis was that it prompted a boom in manufacturing and was the defacto starting point of the 1992-2008 boom.
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O K if you are a Labour "supporter" on benefits I suppose.
The pound has already been devalued by the markets to the tune of 25% since 2007/8.
The effect of the last formal devaluation in 1992 during the ERM crisis was that it prompted a boom in manufacturing and was the defacto starting point of the 1992-2008 boom.
Also 60% of the cost of fuel is tax to treasury.