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Post by Vinny on Oct 30, 2022 13:40:49 GMT
Good for exports.
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Post by patman post on Oct 30, 2022 14:03:47 GMT
That’s true. And if the UK were able to treat and use the GBP as the Japanese treat and use the yen, it might be helpful in the long term. But a reduced-value pound currently makes imports more expensive and exacerbates the UK’s negative balance of payments, plus requiring more borrowing… |
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