Carryfast:
If it’s supposedly just the result of a fall in the value of the pound why are you conveniently not factoring in wage increases.IE domestic price increases without equivalent domestic wage increases isn’t what would be expected of prices increasing because of a currency fall/correction.More like more of the same old spiral of hidden price led inflation without wage increases to compensate to keep the runaway EU gravy train,that keeps the Germans rich at our expense,on the rails.
Conveniently forgetting? There won’t be a wage increase the CBI/BOE today released a report that 27,000 companies would go belly up because of Brexit, the cost of each and every companies’ raw materials just went up by 20%, fuel is going to get hit hard, what makes you think that anybody is going to get a pay rise in the next 10 or even 15 years?
Are you paying any attention? Everybody is going to stuggle to make ends meet, companies are doing whatever they can to just survive and you think that a crash in the pound and increased inflation is going to give us a pay rise? Seriously?
This is not about a runaway EU gravy train, this is our pocket book. Forget the EU and Germany, we are in survival mode.
Let me tell you again.
17 million working people have 100 quid left at the end of the month, that has just evaporated.
If we started a poll here I bet you the majority of people here have nothing left at the end of the month and they are juggling the bills just as the paycheck hits the account and they won’t have a lot left when it does.
Now, these people are going to get hit with a 20% increase in their bills, and their employers will be hit with more. What makes you think that the employees are going to be happy as larry because they got rid of the Federalist and what makes you think that the employers are going to swallow that huge increase in their cost so they can pay their employees a little more while they see the demand of their services or products decline?
Again, you are living in cloud cuckoo land CF, this is not how the real world works.
Prices are going up, demand is going down, there isn’t a lot of stretch left in that rubber band.
Forget about these lofty ideals you are still going on about, this is reality. We are all going to get hit by increased prices and a reduced demand for our services and products.
I haven’t even covered the reduction of tax revenue that all of this means and what the government is going to have to do to deal with that aspect…