W T F: Pound hit by falling UK inflation

[ferewebs]

Oh,yes, this reminds of perfect timing to drop German stuff for euro's and come back for pounds .

[BoredBloke]

Well the pound has been taking a real kicking over the past few weeks. Our exporters must be loving life...............both of them!

[DiscoStu]

Falling inflation? We can't be printing enough money.

[MPwannadecentincome]

"Happy Days are here again!" Hmmmm

[HairyArsedBloke]

BBC: Pound hit by falling UK inflation

"This is bad news for the pound," said Duncan Higgins, senior analyst at Caxton FX.

"The CPI figures will weigh heavily on the UK currency and will continue to discourage investment."

Now, I know about how the economics of all this works, but it is all a crock of s.... .

It reminds me of this bit of 1933 propaganda

What a man, what a leader. Inflation - Yowza - Happy days are here again!