Scandinavia and the World
 

Community made Fact Card:

Right after Britain voted for Brexit, the pound's value slumped to its lowest point since 1985.
      made by GilbertGobbels


Comments:
 
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3 years ago #9496582        
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This is a good thing, There is too much fiat-money ("quantitive easing" = invented money, = inflation) sloshing around the world and the the £ needed devaluing and Brexit was an abrupt and unusual way of doing it, but Hey! It works.
We have a trade surplus with the EU and devaluing the Pound Sterling 's actually good for business.


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2 years ago #9682693        
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Why did we do this?


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5 months ago #9793407        
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So... the pound was lower at a time Britain wasn't leaving the EU.

Tudpool

17
7 months ago #9782373        
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Yeah but it made from some good comics.

11 months ago #9756342        
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I WANTED TO MOVE TO ENGLAND AND NOW I HARDLY CAN EAVEN VISIT WTF WHY I LOVE BRITISH ENGLISH WHYYYYY

1 year ago #9742188        
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Ahhh '85.. what a year.


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2 years ago #9659241        
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Uh oh.

2 years ago #9566465        
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You could hear the "hon hon hon" drifting across the Channel...


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3 years ago #9496811        
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And we still have magic stars!!!! ( current packaging states they are not to be sold outside of the EU )


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3 years ago #9495813        
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Yeah I think it was compared to the dollar.


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Karen

36
Moderator
3 years ago #9495454        
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Given the current price, this chart seems to back it up: http://thismatter.com/money/forex/images/historical-exchange-rates.gif

Note: all exchange rates have to be relative to something else. I'm assuming "dollars"


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