Pound devaluation
Should the gov devalue the pound and what would be the effect of this on inflation and house prices in the uk
(edited 9 months ago)
No.
1) It would increase inflation.
2) It would increase property prices overall by making UK property more attractive but it's impact would be weak outside large city centers.
3) It is a unsustainable way to increase export growth briefly relative to capital investment targeted at machinery to reduce unit costs.
1) It would increase inflation.
2) It would increase property prices overall by making UK property more attractive but it's impact would be weak outside large city centers.
3) It is a unsustainable way to increase export growth briefly relative to capital investment targeted at machinery to reduce unit costs.
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