pound has dropped so much, arent you guys worried?

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Four things that unis think matter more than league tables 08-12-2016
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    (Original post by the bear)
    the £350 million a week that the NHS is receiving as a result of Brexit is worth considerably less now. *
    :rofl: I love you bear
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    (Original post by ckfeister)
    It has always been overvalued.
    *

    So how is devaluing it going to help the country?*
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    (Original post by Fruli)
    *

    So how is devaluing it going to help the country?*
    I think if Trump doesn't win the US election, he will use the change in his pocket to buy Britain.
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    (Original post by queen-bee)
    Good idea for an investment
    Too volatile for investment , although if you had put in 100 dollars 5 years ago you'd have around 200k tho.
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    (Original post by the bear)
    the £350 million a week that the NHS is receiving as a result of Brexit is worth considerably less now. *
    Is this the 350 million Mr Farage mentioned lol?
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    (Original post by azizadil1998)
    Is this the 350 million Mr Farage mentioned lol?
    i believe so

    :beard: *
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    I get paid in dollars... so I'm enjoying it right now
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    the poorer people will suffer more. 1 quid from 10quid is a lot more than 1quid from 100quid
    (Original post by azizadil1998)
    yeah but every time it drops significantly it's only for a short amount of time and then it picks back up again quite a bit, so I don't think there will be THAT much effect on poorer people, unless it means supermarkets pass on the possibly slightly increased costs of importing their products to customers which again is unlikely unless it continually drops. Why would you say it would increase inequality? I'm only asking not trying to make it sound rude.
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    the 350m was never going to the NHS, no one who had power actually said they would get it . Nigel said that to get people to vote for leave
    (Original post by the bear)
    the £350 million a week that the NHS is receiving as a result of Brexit is worth considerably less now. *
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    (Original post by zainyyyyy)
    the 350m was never going to the NHS, no one who had power actually said they would get it . Nigel said that to get people to vote for leave

    **
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    (Original post by Maker)
    I think if Trump doesn't win the US election, he will use the change in his pocket to buy Britain.
    My thoughts exactly!*

    People who are buying the lie that the pound was over valued anyway should stop and think.*
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    (Original post by zainyyyyy)
    the 350m was never going to the NHS, no one who had power actually said they would get it . Nigel said that to get people to vote for leave
    yeahh iknow
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    (Original post by zainyyyyy)
    the poorer people will suffer more. 1 quid from 10quid is a lot more than 1quid from 100quid
    yea but i highly doubt prices will rise by £1 that would be quite significant, especially when you have european chain stores like lidl and aldi here, prices will be kept low'ish one way or another..

    but i personally think the exchange rate will eventually pick back up again atm its just people panicking. we'll see though!
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    (Original post by Reue)
    Couldnt care less, the increased value of my investments has more than covered the falling pound value.

    Regardless; having a weak pound isn't necessarily a bad thing.
    same here!
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    (Original post by Fruli)
    *

    So how is devaluing it going to help the country?*
    Find our natural position.
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    (Original post by Fruli)
    My thoughts exactly!*

    People who are buying the lie that the pound was over valued anyway should stop and think.*
    If people think their money is overvalued, I will be happy to exchange it with my wheel barrow full of Venezuelan bolívars


    (Original post by azizadil1998)
    yea but i highly doubt prices will rise by £1 that would be quite significant, especially when you have european chain stores like lidl and aldi here, prices will be kept low'ish one way or another..

    but i personally think the exchange rate will eventually pick back up again atm its just people panicking. we'll see though!
    Yes, all prices in Britain will only rise by a maximum of 99p.
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    it's terrible for me but i have other investments which balance it out. 2 years will be interesting.
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    Poor Bill Gates.
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    (Original post by Trapz99)
    No it's fine,won't have a huge impact on prices. Good for British exporters
    Yeah lets forget what the experts have said, we did that when we voted brexit why not continue having that mindset
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    (Original post by queen-bee)
    interesting :curious: I thought it was a popular investment opportunity
    He's right tbh, a few years ago mining or investing in bitcoins was very profitable, but they're worth nowhere near the amount that they used to be. My best mate and I used to mine them but we ended up giving it up after a while, just not worth the effort.
 
 
 
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