Currency DOOM

[JohntheBike]

i was born 2 days after he was shot......& 27 years later

I also remember the King dying, and that's King George VI, the Queen's father, not Elvis.

[JohntheBike]

ah so you would also be aware that after the devaluation from Harold Wilson that everyone got significantly poorer.

Of course in the 1990's and 2000's the pound stabilised and strengthened so making everyone significantly richer, which is why everyone is much better off.

If the UK crashes out of the EU then the pound will crash and the UK will resemble the 1970's with the stench of uncollected refuse and sitting around with candles reading paperback books.

"ah so you would also be aware that after the devaluation from Harold Wilson that everyone got significantly poorer."

quote "the pound in your pocket will not be affected"

Because I worked in a Nationalised Industry at the time, I really didn't see any severe affects. I did see an effect as a result of Lamont's attempt to keep in the snake though.

"which is why everyone is much better off"

we are better off because in the 60+ years since WW2, we've only had a socialist government 30% of the time. The average Englishman is better off than the average Welshman. The political landscape of England has been predominantly Conservative for the past 100 years, while that of Wales has been Labour. The Tories have looked after the English better than Labour has looked after the Welsh.

"If the UK crashes out of the EU then the pound will crash and the UK will resemble the 1970's with the stench of uncollected refuse and sitting around with candles reading paperback books."

created by the mis-management of the country's finances by the Socialists. "the pound in your pocket" etc.

Maggie put a stop to that, but unfortunately, there were some bitter pills as well.

[JohntheBike]

And I thought you were born yesterday.

not quite! although I was initially naive and trustful of Governments

[BlasterBates]

I was born on the same day that John F. Kennedy was elected to the Senate? of the US government.

ah so you would also be aware that after the devaluation from Harold Wilson that everyone got significantly poorer.

Of course in the 1990's and 2000's the pound stabilised and strengthened so making everyone significantly richer, which is why everyone is much better off.

If the UK crashes out of the EU then the pound will crash and the UK will resemble the 1970's with the stench of uncollected refuse and sitting around with candles reading paperback books.

[filthy1980]

I was born on the same day that John F. Kennedy was elected to the Senate? of the US government.

i was born 2 days after he was shot......& 27 years later

[GreenMirror]

I was born on the same day that John F. Kennedy was elected to the Senate? of the US government.

And I thought you were born yesterday.

[JohntheBike]

wow - you're old John

I was born on the same day that John F. Kennedy was elected to the House of Representatives of the US government.

[GreenMirror]

In my time, there were $4 to £1.

I never knew you got past the A303 exchange rate of 4 turnips to the pound.

[filthy1980]

In my time, there were $4 to £1. However, everyone is now clearly better off than those times. So what odds does the exchange rate make in the long term? None I would suggest.

So to remind everyone -

when $4 = £1

most of us had one coal fire in the house and no central heating
only the rich had fridges
freezers were unheard of
not many had a TV
not many had automatic washing machines
few had telephones
electronic devices generally weren't heard of
car ownership was much less than today
only big companies had computers
only the rich could afford continental holidays and air travel

wow - you're old John

[JohntheBike]

£ v's $

In my time, there were $4 to £1. However, everyone is now clearly better off than those times. So what odds does the exchange rate make in the long term? None I would suggest.

So to remind everyone -

when $4 = £1

most of us had one coal fire in the house and no central heating
only the rich had fridges
freezers were unheard of
not many had a TV
not many had automatic washing machines
few had telephones
electronic devices generally weren't heard of
car ownership was much less than today
only big companies had computers
only the rich could afford continental holidays and air travel

[Old Greg]

But to where?

Empire 2.0.

[Lance]

Great for exports.

But to where?

[AtW]

Great for car parks in Dover

[Old Greg]

Great for exports.

[AtW]