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    Whats happening to the £?

    Is the £ Actually getting weaker, or is the $ and Euro getting stronger?

    15 Comments

    f***ed

    £ weaker due to lower interest rates.

    Bit of both, the £ is the new Zimbabwean dollar and as such the Euro is getting stronger. The US$ is fairly consistent but it's value is dictated but ours and the Euro. The less ours is worth the stronger theirs appears.

    ctuk;4118837

    £ weaker due to lower interest rates.



    I'll agree it's a factor but the US interest rate has been at 1% for about 4 months now and in Japan it has been less than 1% (Currently 0.3%) for over 8 years so that's not the full story.

    Please dont post inaccurate info

    Fed Funds rate is 0 - 0.25
    Japan O night call rate is 0.10

    It's all a plan to introduce the Euro, so as to strengthen Europe and use the ideas to introduce over in America, Canada and Mexico. - NAFTA - and then on to the African states etc. Basically there are already plans in place for everything to be run "under the one roof" so to speak. Money, Army, Laws, Government. We need to unify the people, and stop letting the media control who we are and what we think...
    Power to the People!!

    Forsaken;4119031

    Please dont post inaccurate infoFed Funds rate is 0 - 0.25 Japan O night … Please dont post inaccurate infoFed Funds rate is 0 - 0.25 Japan O night call rate is 0.10



    hence the "less than" comment.

    Banned

    Yep i agree the government is purposely sabotaging the pound so we have to abandon it and take on the euro. We'll be bankrupt by the end of the year bag in hand to europe begging for a bail out.

    rehydrated;4119062

    It's all a plan to introduce the Euro, so as to strengthen Europe and use … It's all a plan to introduce the Euro, so as to strengthen Europe and use the ideas to introduce over in America, Canada and Mexico. - NAFTA - and then on to the African states etc. Basically there are already plans in place for everything to be run "under the one roof" so to speak. Money, Army, Laws, Government. We need to unify the people, and stop letting the media control who we are and what we think...Power to the People!!



    You been watching David Icke again..........?:roll:

    Banned

    We will eventually go to the EU, but hopefully by that point i won't be in this country.

    lumoruk;4119168

    Yep i agree the government is purposely sabotaging the pound so we have … Yep i agree the government is purposely sabotaging the pound so we have to abandon it and take on the euro. We'll be bankrupt by the end of the year bag in hand to europe begging for a bail out.



    glass half full is it?

    but it will be a long deep recession I think. Will be lucky to avoid deflation / depression IMHO, but there's no way Euroland would roll out the red carpet and welcome us in I don't think.

    The £ is seen as weak in comparison to other currencies, simply because the money markets believe that we are in an even bigger mess than they are.

    dancrawley;4119254

    You been watching David Icke again..........?:roll:



    No :whistling: LoL. Seriously, it's not just him, there is loads of info on this out there, if you are looking for it. Look up RFID chip and the Bilderberg Group, for starters :thumbsup:

    Russia



























    move there.

    black gerbil1;4119741

    Russiamove there.





































    See.

    Banned

    Inactive;4119624

    The £ is seen as weak in comparison to other currencies, simply because … The £ is seen as weak in comparison to other currencies, simply because the money markets believe that we are in an even bigger mess than they are.



    this is the reason. nothing else has had a significant effect.
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