Most CUK posters will benefit from Brexit

[Yorkie62]

This time next year, Rodders, you'll be quadrillionaires.

wow thanks. I always wonder what a Hundred trillion looked like and could I squeeze it into my wallet.

[Old Greg]

This time next year, Rodders, you'll be quadrillionaires.

[Yorkie62]

Loads o' money

Feel the wedge

[NotAllThere]

Pay rise in real terms?

Well, food and other staples will rise in price as sterling collapses further, so probably most CUK posters will have larger bank accounts, but won't be better off.

[AtW]

Do you mean it will make you a lot of sterling?

It’s plastic - it’s fantastic

[Old Greg]

No-deal Brexit will make me personally a lot of money (if sterling devalues)

I am still against Brexit and always will be.

Majority of those pro Brexit will be worse off, but probably will never be able to admit they were taken for a ride by the likes of Farage and Boris

Do you mean it will make you a lot of sterling?

[Old Greg]

That’s a theory. It’s called supply and demand.
To work as per the theory it assumes certain conditions.
- a perfect market (that’s a specific definition, not hyperbole)
- unlimited supply potential
- reducing marginal cost of supply as the volume increases
- isolated from all other markets

As none of those conditions are true for a labour market, the theory doesn’t work.

Caveat: my economics studies are 30 years old.

Lump of labour fallacy - Wikipedia

[AtW]

No-deal Brexit will make me personally a lot of money (if sterling devalues)

I am still against Brexit and always will be.

Majority of those pro Brexit will be worse off, but probably will never be able to admit they were taken for a ride by the likes of Farage and Boris

[Lance]

Most CUK posters will benefit from Brexit

Apparently, the theory is that if there are fewer workers, then wages will rise.

That’s a theory. It’s called supply and demand.
To work as per the theory it assumes certain conditions.
- a perfect market (that’s a specific definition, not hyperbole)
- unlimited supply potential
- reducing marginal cost of supply as the volume increases
- isolated from all other markets

As none of those conditions are true for a labour market, the theory doesn’t work.

Caveat: my economics studies are 30 years old.

[meridian]

Apparently, the theory is that if there are fewer workers, then wages will rise.

We often hear that there is a shortage of NHS nurses, but we don’t often hear about the dreadful shortage of NHS managers. That can be the only explanation for the difference in wage parity and the above-inflation rises that NHS managers get, according to the OP.

Are NHS staff "10% worse off" under the coalition? - Full Fact

[Lance]

Great read for most you lot. Looks like most of you will have a pay rise when we leave the EU. There, don't say we don't do anything for you, viva Brexit.


Big business is reluctant to admit it, but Brexit will deliver for the poor by pushing up their wages

Pay rise in real terms?

[meridian]

Most CUK posters will benefit from Brexit

Great read for most you lot. Looks like most of you will have a pay rise when we leave the EU. There, don't say we don't do anything for you, viva Brexit.


Big business is reluctant to admit it, but Brexit will deliver for the poor by pushing up their wages

What is wage inflation/increases like for the rest of the EU27? Greece is a special (basket) case, so what’s the real reason that the U.K. stands alone at the bottom of the list?

• Chart: UK & Greece Come Bottom For Wage Growth | Statista

[woohoo]

Great read for most you lot. Looks like most of you will have a pay rise when we leave the EU. There, don't say we don't do anything for you, viva Brexit.


Big business is reluctant to admit it, but Brexit will deliver for the poor by pushing up their wages