| Brexit Myths Dispelled 15:17 - Nov 10 with 9726 views | blueasfook |
1 ) Brexit has led to high inflation for the UK.
Here is October figures for inflation
United Kingdom : 10.1%
Euro Area : 10.7%
Source: https://tradingeconomics.com/country-list/inflation-rate
We need someone to come along and make a peppermint tea joke.
[Post edited 10 Nov 2022 15:19]
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| Brexit Myths Dispelled on 16:54 - Nov 10 with 1716 views | HARRY10 |
| Brexit Myths Dispelled on 16:29 - Nov 10 by clive_baker |
It depends on the product and market. There's only a handful of choices when it comes to cost pressures (which Brexit has undeniably brought) which is to take a margin hit, find efficiencies elsewhere to offset them, or pass them on to a consumer. I'm not saying they're always passed on, to your point that could adversely impact sales depending on the price elasticity of the product or service, but it's very common that they are passed on. My business for example saw about a 5% increase in our cost of goods on one range of products that was directly linked to Brexit. We had no choice but to pass that on, and the rest of the market largely did the same / moved with us. |
There are a number of variables which led to me to add to your thought.
Supermarkets can increase as they all run fine margins and know that others will increase prices.
Certain sectors are quite specialist so there is not any competition, and the buyer is often using only a small part of the good in their end product.
As said if it was that simply then cross price elasticity would have already ensured that they could see an increase in price, without any decrease in sales.
Like wise so called efficiencies will have already been carried out by any company seeking to stay in the market
The falling value of the pound is a double edged sword as although exports should be cheaper, importing raw materials will offset that benefit. And as you say the huge burden of regulation and cost imposed by brexit adds another layer of cost previously not carried.
Odd that numpties would imagine that 50 years of reducing those financial burdens would somehow not have the effect they are now having. |  | | |
| Brexit Myths Dispelled on 16:59 - Nov 10 with 1702 views | StokieBlue |
| Brexit Myths Dispelled on 16:27 - Nov 10 by HotShotHamish |
Or you could look at Germany, Belgium or the Netherlands who are all higher than the UK and have economies at similar cycles - but that wouldn't fit your narrative.
HSH |
I'm not the one who made the original assertion so what narrative was I pushing? I was also not the one cherry picking the data to try and make a cheap point.
One could further argue choosing one month as the single comparison point is also cherry picking rather than using a time series since Brexit although I've not looked at that data.
Interesting posting history though, virtually all posts in support of an awful and corrupt Tory government, even some claiming there was no sleaze with regards to Covid contracts. Crickey.
SB [Post edited 10 Nov 2022 17:01]
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| Brexit Myths Dispelled on 17:04 - Nov 10 with 1683 views | HARRY10 |
| Brexit Myths Dispelled on 16:59 - Nov 10 by StokieBlue |
I'm not the one who made the original assertion so what narrative was I pushing? I was also not the one cherry picking the data to try and make a cheap point.
One could further argue choosing one month as the single comparison point is also cherry picking rather than using a time series since Brexit although I've not looked at that data.
Interesting posting history though, virtually all posts in support of an awful and corrupt Tory government, even some claiming there was no sleaze with regards to Covid contracts. Crickey.
SB [Post edited 10 Nov 2022 17:01]
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I would like to venture that the chap you are replying to is not some rightue posting under another name
Absolutely not. No sirree.
He just happened to be passing, that's all.
And it is pure coincidence that his appearance coincides with that Blueisfick chaps disappearance
Pure coincidence, as is the writing style, and vacuous argument. | | | |
| Brexit Myths Dispelled on 17:08 - Nov 10 with 1663 views | jeera |
| Brexit Myths Dispelled on 15:22 - Nov 10 by Ewan_Oozami |
So the premise for your mythbusting is that people are saying that Brexit is the sole cause of high inflation? |
I have genuinely not seen people make this claim either.
Not much of a list of myth-busting as far as myth-busting lists go.
Nor does the phenomena of high inflation in the EU also common elsewhere mean it was a good idea to break ties with our strongest trading partner. |  |
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| Brexit Myths Dispelled on 17:16 - Nov 10 with 1660 views | jaykay |
| Brexit Myths Dispelled on 16:59 - Nov 10 by StokieBlue |
I'm not the one who made the original assertion so what narrative was I pushing? I was also not the one cherry picking the data to try and make a cheap point.
One could further argue choosing one month as the single comparison point is also cherry picking rather than using a time series since Brexit although I've not looked at that data.
Interesting posting history though, virtually all posts in support of an awful and corrupt Tory government, even some claiming there was no sleaze with regards to Covid contracts. Crickey.
SB [Post edited 10 Nov 2022 17:01]
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but you can't take away his great insight on the football played at portman road
oh |  |
| forensic experts say footers and spruces fingerprints were not found at the scene after the weekends rows |
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| Brexit Myths Dispelled on 17:27 - Nov 10 with 1644 views | Vegtablue |
France are outliers aren't they with their relatively sheltered position from rampant global energy prices. I believe we're close to other similar EU countries but that doesn't preclude Brexit from contributing to our figure! Stands to reason that it must do. | | | |
| Brexit Myths Dispelled on 17:32 - Nov 10 with 1627 views | BlueBadger |
| Brexit Myths Dispelled on 16:27 - Nov 10 by HotShotHamish |
Or you could look at Germany, Belgium or the Netherlands who are all higher than the UK and have economies at similar cycles - but that wouldn't fit your narrative.
HSH |
It was quite chilly this morning. Therefore climate change isn't real.
TAKE THAT GRETA. |  |
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| Brexit Myths Dispelled on 17:35 - Nov 10 with 1624 views | Churchman |
| Brexit Myths Dispelled on 15:33 - Nov 10 by StokieBlue |
You've taken a single point (the UK) and compared it to an aggregate measure based on 27 countries which isn't really comparing like for like.
If you wanted to compare equivalent things you could look at France with 6.2% inflation but that wouldn't fit your narrative.
SB |
Other than the U.K. economy has been run by clueless idiots since the end of WW1, the worst being the current thieving shower, France has been doing the following:
https://www.thelocal.fr/20220609/explained-how-is-france-keeping-its-inflation-r |  | | |
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| Brexit Myths Dispelled on 17:52 - Nov 10 with 1609 views | blueasfook |
| Brexit Myths Dispelled on 17:27 - Nov 10 by Vegtablue |
France are outliers aren't they with their relatively sheltered position from rampant global energy prices. I believe we're close to other similar EU countries but that doesn't preclude Brexit from contributing to our figure! Stands to reason that it must do. |
Yes good point. Probably due to nuclear power making up a large percentage of their energy supply | |
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| Brexit Myths Dispelled on 17:55 - Nov 10 with 1601 views | blueasfook |
| Brexit Myths Dispelled on 17:04 - Nov 10 by HARRY10 |
I would like to venture that the chap you are replying to is not some rightue posting under another name
Absolutely not. No sirree.
He just happened to be passing, that's all.
And it is pure coincidence that his appearance coincides with that Blueisfick chaps disappearance
Pure coincidence, as is the writing style, and vacuous argument. |
Ah, yes of course, it's me. Heaven forbid, there should be others like me, who don't blame every little hardship we face on Brexit. | |
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| Brexit Myths Dispelled on 17:57 - Nov 10 with 1596 views | blueasfook |
| Brexit Myths Dispelled on 15:43 - Nov 10 by usm |
Or Turkey with 85%............... |
Yes i noticed that. Poor feckers | |
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| Brexit Myths Dispelled on 18:02 - Nov 10 with 1592 views | BtreeBlueBlood |
I saw the Next owner is wanting more overseas workers- as brexit isn’t working as it should. |  | | |
| Brexit Myths Dispelled on 18:03 - Nov 10 with 1592 views | HARRY10 |
| Brexit Myths Dispelled on 17:55 - Nov 10 by blueasfook |
Ah, yes of course, it's me. Heaven forbid, there should be others like me, who don't blame every little hardship we face on Brexit. |
He's back, with yet another strawman argument that claims to knock down.
No one. No one, is blaming all the countries woes on brexit. That is just you cranks making it up, as ever.
What normal folk are doing is pointing out the devastating effect brexit is having on the economy and people's lives - and pointing out that when the wealthy were telling the stupid that brexit would much us all better off, they were lying.
There are NO benefits to brexit, end of. We know it, you know and no weasel worded spin from you will change that. | | | |
| Brexit Myths Dispelled on 18:09 - Nov 10 with 1580 views | blueasfook |
| Brexit Myths Dispelled on 18:03 - Nov 10 by HARRY10 |
He's back, with yet another strawman argument that claims to knock down.
No one. No one, is blaming all the countries woes on brexit. That is just you cranks making it up, as ever.
What normal folk are doing is pointing out the devastating effect brexit is having on the economy and people's lives - and pointing out that when the wealthy were telling the stupid that brexit would much us all better off, they were lying.
There are NO benefits to brexit, end of. We know it, you know and no weasel worded spin from you will change that. |
People like you are still crying about it. That's certainly one benefit. | |
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| Brexit Myths Dispelled on 18:25 - Nov 10 with 1572 views | Trequartista |
| Brexit Myths Dispelled on 15:33 - Nov 10 by StokieBlue |
You've taken a single point (the UK) and compared it to an aggregate measure based on 27 countries which isn't really comparing like for like.
If you wanted to compare equivalent things you could look at France with 6.2% inflation but that wouldn't fit your narrative.
SB |
Seven upvotes for this flawed answer???. This board is just pure identity politics. Of course it is like for like, it's just using a sample of 27 instead of sample of 1. How is picking just one country providing any meaningful evidence, anyone can just pick Turkey or France depending on whether they agree or disagree with the assertion.
The only query I would have is if anyone is actually claiming that brexit has caused high inflation. If they have then the counter-argument seems sound to me. [Post edited 10 Nov 2022 18:26]
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| blueas Myths Dispelled on 18:25 - Nov 10 with 1570 views | factual_blue |
He's actually neither funny nor talented. |  |
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| Brexit Myths Dispelled on 18:40 - Nov 10 with 1539 views | Swansea_Blue |
| Brexit Myths Dispelled on 18:25 - Nov 10 by Trequartista |
Seven upvotes for this flawed answer???. This board is just pure identity politics. Of course it is like for like, it's just using a sample of 27 instead of sample of 1. How is picking just one country providing any meaningful evidence, anyone can just pick Turkey or France depending on whether they agree or disagree with the assertion.
The only query I would have is if anyone is actually claiming that brexit has caused high inflation. If they have then the counter-argument seems sound to me. [Post edited 10 Nov 2022 18:26]
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It’s a fundamentally flawed approach to try to reach a conclusion based on the comparison of two numbers with no understanding of the factors that lead to those numbers. All a bit pointless really and not worth even addressing.
But aside from that, no I don’t think anyone is claiming that Brexit is the cause of high inflation - that’s an invention of the OP. It seems to be a contributing factor in rising prices, but of course there are other contributors and I think we all realise that.
If we wanted to dispel Brexit myths, I’d start with:
- it’ll lead to half a million job losses (or whatever the claim was)
- there’ll be no downsides, only upsides
- we’ll have £350m a week extra money to spend on the NHS or whatever we want
Etc., etc. there are plenty of myths and claims along the same lines that have been proven to be wrong/lies. |  |
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| Brexit Myths Dispelled on 18:52 - Nov 10 with 1517 views | BlueBadger |
| Brexit Myths Dispelled on 18:25 - Nov 10 by Trequartista |
Seven upvotes for this flawed answer???. This board is just pure identity politics. Of course it is like for like, it's just using a sample of 27 instead of sample of 1. How is picking just one country providing any meaningful evidence, anyone can just pick Turkey or France depending on whether they agree or disagree with the assertion.
The only query I would have is if anyone is actually claiming that brexit has caused high inflation. If they have then the counter-argument seems sound to me. [Post edited 10 Nov 2022 18:26]
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Your point about cherry picking would look a lot cleverer if you hadn't popped up to defend the OP's cherry picking.
https://www.piie.com/research/piie-charts/brexit-driving-inflation-higher-uk-its | |
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| Brexit Myths Dispelled on 18:55 - Nov 10 with 1510 views | BlueBadger |
| Brexit Myths Dispelled on 17:55 - Nov 10 by blueasfook |
Ah, yes of course, it's me. Heaven forbid, there should be others like me, who don't blame every little hardship we face on Brexit. |
Not all our hardships are caused by Brexit. Pretty much all of them are exacerbated by it though.
From NHS staffing shortages, to, yes, inflation.
What was it about Brexit that appealed to you most? The economic stagnation, the easily debunked lies or the open bigotry? | |
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| Brexit Myths Dispelled on 18:59 - Nov 10 with 1510 views | Trequartista |
You've provided evidence of an alternative method of calculation of inflation to produce a different conclusion. I don't think that puts either method under the definition of cherry-picking. [Post edited 10 Nov 2022 18:59]
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| Brexit Myths Dispelled on 19:09 - Nov 10 with 1486 views | BlueBadger |
| Brexit Myths Dispelled on 18:59 - Nov 10 by Trequartista |
You've provided evidence of an alternative method of calculation of inflation to produce a different conclusion. I don't think that puts either method under the definition of cherry-picking. [Post edited 10 Nov 2022 18:59]
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'We've had enough of experts' eh? | |
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| Brexit Myths Dispelled on 19:19 - Nov 10 with 1466 views | BlueBadger |
| Brexit Myths Dispelled on 18:09 - Nov 10 by blueasfook |
People like you are still crying about it. That's certainly one benefit. |
Ah the banter angle. So it WAS the bigotry you liked best about it. | |
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| Brexit Myths Dispelled on 19:28 - Nov 10 with 1461 views | BlueForYou |
UK 10.1%
Norway 7.5%
Switzerland 3%
All outside the EU.
Some of those figures from within the EU are very concerning. It's not just us! |  | | |
| Brexit Myths Dispelled on 20:01 - Nov 10 with 1429 views | Trequartista |
| Brexit Myths Dispelled on 19:09 - Nov 10 by BlueBadger |
'We've had enough of experts' eh? |
A rather random quip there. Don't think I've said that, or even said anything that would imply that. | |
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| Brexit Myths Dispelled on 21:12 - Nov 10 with 1391 views | gazzer1999 |
So an energy price cap that is costing 45 billion Euro's and record borrowing of 270 billion Euro's is the way to lower inflation? sounds a bit like kicking the can down the road from the Liz Truss school of economics. I wonder why the prudent Germans don't follow the same path to get a couple of % points off its inflation figures.
Likewise what about the green movement? are they happy with all that nuclear power? |  | | |
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