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Also I know it's probably a bad thing for the UK but I just can't find any sympathy for bankers or city types.
On the bright side if they all fuck off the price of a pint in central London should go down.
( , Tue 4 Apr 2017, 16:18, Share, Reply)
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who are (in the public's eye) the blue bloods
( , Tue 4 Apr 2017, 16:25, Share, Reply)
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( , Tue 4 Apr 2017, 16:30, Share, Reply)
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and the only reason that people aren't buying your goods or services is that they can get them cheaper elsewhere, on a subjective level, your currency is overvalued. When it becomes widespread among exporters that this is the case, objectively your currency is overvalued.
www.amazon.co.uk/Economics-Dummies-Peter-Antonioni/dp/0470973250
( , Tue 4 Apr 2017, 17:09, Share, Reply)
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Well if it's over valued I'll give you 90p each for all your quids.
Fair's fair.
( , Tue 4 Apr 2017, 17:14, Share, Reply)
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( , Tue 4 Apr 2017, 17:25, Share, Reply)
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An economy that has higher costs (especially labour costs) than another will have a currency that is overvalued in comparison to the lower cost economy. This is super fucking basic macro economics. Have you ever read the business pages in a newspaper in your entire life?
( , Tue 4 Apr 2017, 17:41, Share, Reply)
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Thanks for playing though
( , Tue 4 Apr 2017, 17:50, Share, Reply)