tag:blogger.com,1999:blog-5187043.post8799963782605762662..comments2024-03-29T09:13:55.008+00:00Comments on UK Commentators: OK, What's Wrong With This Scenario ?Labanhttp://www.blogger.com/profile/12031578024191117985noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5187043.post-28897537509523467082009-02-07T10:10:00.000+00:002009-02-07T10:10:00.000+00:00Speak to a currency trader, Laban, but it's not a ...Speak to a currency trader, Laban, but it's not a punt I would make. Sterling is nowhere near "basket-case status": it is slowly but steadily strengthening against the euro and the dollar, or rather they are weakening. This will continue, until perhaps the one-eyed Scottish idiot insists on 'quantitative easing'.<BR/><BR/>As for inflation, I agree: the figures are farcical. The actual inflation rate seems to be much higher, which makes me sceptical about the threat of deflation.paul ilchttps://www.blogger.com/profile/02971581388762736463noreply@blogger.com