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value over 40 years.<BR/>In the example of 1967 Callaghan it was 2.7 ish.<BR/>if we take 30 yrs it would be around £1.75 which is my, in the memory, value of a $.<BR/>1986/85/84 and 1993 are low points of £1.50.<BR/><BR/>you are wrong about things being cheap when the £ was high. they were. <BR/>there has been virtually zero inflation in clothing in at least 10 years..that is until this year.<BR/>there was a post on it a while back.<BR/>Cheap toys, cheap white and black goods, cheap furniture..?<BR/><BR/>A £10 pair of jeans today cost £10 in 1991. It was cheap then, but not nearly as cheap as it is now, still at the same pp of £10 some 15 years later.<BR/>No inflation at all, and the sellers profit of 75 - 100% has remained very constant too.<BR/><BR/>IF {and i grant it may not happen} the dollar were to stay at its current level vs the £ there would be an increase every sector that imports unless they are very large institutions who have hedged the currency.<BR/><BR/>I've already had the suppliers in. <BR/>Selling on stored stock from 2008. Once their inventories are dry the prices will rise. They know it and we know it. Its not a selling scam. You cannot swallow a 25% increase unless you are very very lean or making an awful lot of profit. Most UK retailers are neither.Bill Quango MPhttps://www.blogger.com/profile/14861116614665461655noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-81647616397715836682009-01-05T12:00:00.000+00:002009-01-05T12:00:00.000+00:00Bullshit. £ has merely retraced its steps back to ...Bullshit. £ has merely retraced its steps back to $1.50 = £1 as it has been for most of my working life. Don't remember things suddenly becoming very cheap when £ was high so it is no surprise that they have become no more expensive now £ is low. Commodity prices falling faster than currency anyway. Brits are the only people that have been buying anything anyway, so foreign suppliers are now cutting prices to stay in our market. Brit exporters rubbing their hands with glee (yes, even the Jap ones..)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-30378838303464353552009-01-02T23:46:00.000+00:002009-01-02T23:46:00.000+00:00It will help our exporters.Both of them.It will help our exporters.<BR/><BR/><BR/><BR/><BR/><BR/><BR/><BR/><BR/>Both of them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-37663112540212815162009-01-02T21:14:00.000+00:002009-01-02T21:14:00.000+00:00Euro was £1.28 in May after a rally from 1.21. So ...Euro was £1.28 in May after a rally from 1.21. So call Euro 1.25 for summer 2008. £1.45 2007 summer.<BR/>Dollar was £1.90 ish for most of summer 07 through to 08.<BR/>Today its £1.44.<BR/><BR/>In your example its even worse. Even down against the mighty Israel Shekel from 7.25 Jan to 5.58 today.<BR/>Point is .. no one cares.<BR/><BR/>In fact I doubt retailers will restock. Just employ spacing techniques and run with lower stock levels. Why buy in at inflated prices when the stuff isn't likely to sell anyway?<BR/>Fashion chains would have bought for spring on a dollar high of £2.10 so lots of stuff coming, maybe even taking advantage of cheaper shipping rates now. Summer was poor in 07 and 08 so put that unsold stock out early and wing it until April/ May / June to see if the $ fall has occurred.Bill Quango MPhttps://www.blogger.com/profile/14861116614665461655noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-90573268279957576932009-01-02T21:06:00.000+00:002009-01-02T21:06:00.000+00:00MW,How long do you think prices on things like LCD...MW,<BR/><BR/>How long do you think prices on things like LCDs will keep falling?AntiCitizenOnehttps://www.blogger.com/profile/00017073518049848696noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-9930200283010645532009-01-02T20:11:00.000+00:002009-01-02T20:11:00.000+00:00GBP has lost 25% of its value against what since w...GBP has lost 25% of its value against what since when?<BR/><BR/>Against JPY it has fallen by 47% since 25 June 2007, to pluck a date out of the air at random. That is to say, an item with the same JPY price now costs 87% more in GBP terms.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-32841798.post-53618355272678430042009-01-02T19:04:00.000+00:002009-01-02T19:04:00.000+00:00I could be wrong, but I think Sunny Jim passed awa...I could be wrong, but I think Sunny Jim passed away in 2005.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-32841798.post-37756487250227354512009-01-02T18:37:00.000+00:002009-01-02T18:37:00.000+00:00Is he still alive?let's ask him what to do.Is he still alive?<BR/>let's ask him what to do.Anonymousnoreply@blogger.com