On the contrary, 'printing money' as you put it, known as QE, will weaken a currency. The reason the ECB is still on a policy of QE is to stop the Euro from strengthening even more which will make it less competitive with regard to exports. The more notes you 'print', the weaker the currency will get or at least it will slow any growth in strength.

On the other hand the massive drop in international investment flows into the UK since June 2016 has been clearly reflected in Sterling's chronic weakness, the opposite scenario for the Euro. That of course should help UK exports but since the UK manufactures very little in relative terms, raw materials and basic components have to be imported, cancelling any currency weakness benefits out.

Edited by europalace (05 Jul 2017 8.30pm)

Would you say we were xenophobic during WW2?

Patriotism and nationalism are virtually the same thing in this context.

Edited by Hrolf The Ganger (05 Jul 2017 10.16pm)

So you think that if you have any nationalism then that makes you a racist?

I think you trying to separate patriotism from nationalism is like separating an orange skin from an orange.....It's still part of the orange.

Patriotism is nationalism.

'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen)

Because rail fares don't go up every year do they.

Predictable blame Brexit nonsense.

Rail fares go up by similar amounts every year.

You don't think this is just a good headline with someone putting 2 and 2 together and making 5 or the rail companies making their annual excuse.

Edited by Hrolf The Ganger (05 Jul 2017 9.22pm)

Anything to ignore the fact that rail fare rises (based on inflation) will reduce living standards for many directly because of the exchange rate consequences of the vote to leave the EU and the bluster about a hard Brexit....