Originally posted by Harold Wilson
It does not mean that the pound here in Britain, in your pocket or purse or in your bank, has been devalued
Yeah, right.

BBC ON THIS DAY | 19 | 1967: Wilson defends 'pound in your pocket'

Value of £1 drops 91% in 40 years - Yahoo Finance UK

I thought I was feeling poorer.

Can't even imagine $2.80 to the £.