Reply to: France expensive but still Beautiful

[milanbenes]

So has GBP seen a 50% currency devaluation in ten years against EUR?

for heaven's sake love, yes in Euro terms, the buying power of the Euro has increased 50%

pity NorthernLadUK

Milan.

[milanbenes]

You're not helping, Lance. Still too abstract for him.

Milan, let's say you are being paid €50 to change 100 tapes. That sum of money is then increased by 50%. The new increased sum of money is then decreased by 50%. How does that sound to you?

ahh you lost me now luv can we talk only in 1's and zero's I'm better with binary

there's lovely

Milan.

[northernladyuk]

no. no. no. It's not. It's worth 35% less....

How about I give you a pay cut of 15%. And then 3 months later I give you a pay rise of 15%. Are you on the same money after the rise as you were before?

Do you know the difference between margin and markup?

You're not helping, Lance. Still too abstract for him.

Milan, let's say you are being paid €50 to change 100 tapes. That sum of money is then increased by 50%. The new increased sum of money is then decreased by 50%. How does that sound to you?

[milanbenes]

So has GBP seen a 50% currency devaluation in ten years against EUR?

yes, sadly you are indeed right

Kev.

[northernladyuk]

yes ok, nevertheless buying power of the Euro has increased 50% in GBP terms

Milan.

So has GBP seen a 50% currency devaluation in ten years against EUR?

[milanbenes]

you lot makes I larf

Robin.

[SueEllen]

Hi Eric!

Eric - the SAS Guru mmmm!

[sasguru]

ok, apologies, got it :-)

Eric.

Hi Eric!

[milanbenes]

That wasn't my point.

My point was don't bother using facts. Haven't you learnt anything from Brexit? If you want people who are thick to hear you, you have to hit them emotionally with your information.

ok, apologies, got it :-)

Eric.

[SueEllen]

Hi Sue,

useless or not, a 50% currency devaluation in ten years is not a pretty picture and won't help your high net worth friends unless they are invested on the Euro side

didn't think of that did you luv

Milan.

That wasn't my point.

My point was don't bother using facts. Haven't you learnt anything from Brexit? If you want people who are thick to hear you, you have to hit them emotionally with your information.

[milanbenes]

no. no. no. It's not. It's worth 35% less....

How about I give you a pay cut of 15%. And then 3 months later I give you a pay rise of 15%. Are you on the same money after the rise as you were before?

Do you know the difference between margin and markup?

yes ok, nevertheless buying power of the Euro has increased 50% in GBP terms

Milan.

[Lance]

a Euro is worth 50% more GBP than it was

and

a GBP in Euro terms is now worth 50% less than it was

no. no. no. It's not. It's worth 35% less....

How about I give you a pay cut of 15%. And then 3 months later I give you a pay rise of 15%. Are you on the same money after the rise as you were before?

Do you know the difference between margin and markup?

[milanbenes]

you mean that a Euro is worth 50% more GBP than it was.
Which is totally different (the inverse actually) to the GBP being worth 50% less.

yes I mean, as you says...

a Euro is worth 50% more GBP than it was

and

a GBP in Euro terms is now worth 50% less than it was


no need for apologies lads I after 17 years of banter on here I am more than used to your upfront naivety

g

Milan.

[Lance]

This means, 10 years ago and more 1 Euro bought me 60p (check the graphs if you don't accept the numbers)

Today 1 Euro buys me 92p.

you mean that a Euro is worth 50% more GBP than it was.
Which is totally different (the inverse actually) to the GBP being worth 50% less.

[sasguru]

Hello Lance,

I live on the mainland.

This means, 10 years ago and more 1 Euro bought me 60p (check the graphs if you don't accept the numbers)

Today 1 Euro buys me 92p.

This means my Brexit friends, that I now get 50% more pence per Euro than I got 10 years ago.

Good luck with your spin.

Milan.