| Brexit Myths Dispelled 15:17 - Nov 10 with 9725 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 21:33 - Nov 10 with 2011 views | HARRY10 |
| Brexit Myths Dispelled on 21:12 - Nov 10 by 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? |
that must hurt a rightie.
An EU country being able to act unilaterally, whatever next ?
Liz Truss economics were brexit in action - no wonder they caused so much damage
You do sound as confused as ever |  | | |
| Brexit Myths Dispelled on 22:23 - Nov 10 with 1976 views | StokieBlue |
| 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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You've contradicted yourself right at the start of your post:
"Of course it is like for like, it's just using a sample of 27 instead of sample of 1."
An averaged (or weighted average) of N(x) is by definition not like for like when compared to a sample of x. It could be used for an approximation if better data isn't available but it can be easily skewed by outliers in the dataset (in this case outlier countries). That doesn't mean it's not valid in some cases but in this instance where a good direct comparison exists it would seem better to use that.
"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."
Picking France is a lot more reasonable than Turkey because:
- It's got a similar population to the UK
- It's got similar demographics to the UK with regards to GDP and income per capita
- It's a member of the Eurozone
- It's located in a geographically similar place so has the same goods transport issues
Turkey by contrast, is nothing like the UK in virtually every metric and thus picking it would clearly be cherry picking to make a point.
One could pick other Eurozone countries for comparison but the best like-for-like comparison by most metrics would be France and that is why I picked it.
Inflation has many causes and many factors but to dismiss Brexit as one would be foolish in my opinion as many issues around Brexit would have added to inflationary pressures.
SB |  |
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| Brexit Myths Dispelled on 22:30 - Nov 10 with 1942 views | BanksterDebtSlave |
| Brexit Myths Dispelled on 22:23 - Nov 10 by StokieBlue |
You've contradicted yourself right at the start of your post:
"Of course it is like for like, it's just using a sample of 27 instead of sample of 1."
An averaged (or weighted average) of N(x) is by definition not like for like when compared to a sample of x. It could be used for an approximation if better data isn't available but it can be easily skewed by outliers in the dataset (in this case outlier countries). That doesn't mean it's not valid in some cases but in this instance where a good direct comparison exists it would seem better to use that.
"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."
Picking France is a lot more reasonable than Turkey because:
- It's got a similar population to the UK
- It's got similar demographics to the UK with regards to GDP and income per capita
- It's a member of the Eurozone
- It's located in a geographically similar place so has the same goods transport issues
Turkey by contrast, is nothing like the UK in virtually every metric and thus picking it would clearly be cherry picking to make a point.
One could pick other Eurozone countries for comparison but the best like-for-like comparison by most metrics would be France and that is why I picked it.
Inflation has many causes and many factors but to dismiss Brexit as one would be foolish in my opinion as many issues around Brexit would have added to inflationary pressures.
SB |
France being bottom of the list had nothing to do with it!! No way, no how. |  |
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| Brexit Myths Dispelled on 22:32 - Nov 10 with 1938 views | BanksterDebtSlave |
| Brexit Myths Dispelled on 21:33 - Nov 10 by HARRY10 |
that must hurt a rightie.
An EU country being able to act unilaterally, whatever next ?
Liz Truss economics were brexit in action - no wonder they caused so much damage
You do sound as confused as ever |
Debt slavery or inflation....decisions, decisions. | |
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| Brexit Myths Dispelled on 23:53 - Nov 10 with 1929 views | Trequartista |
| Brexit Myths Dispelled on 22:23 - Nov 10 by StokieBlue |
You've contradicted yourself right at the start of your post:
"Of course it is like for like, it's just using a sample of 27 instead of sample of 1."
An averaged (or weighted average) of N(x) is by definition not like for like when compared to a sample of x. It could be used for an approximation if better data isn't available but it can be easily skewed by outliers in the dataset (in this case outlier countries). That doesn't mean it's not valid in some cases but in this instance where a good direct comparison exists it would seem better to use that.
"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."
Picking France is a lot more reasonable than Turkey because:
- It's got a similar population to the UK
- It's got similar demographics to the UK with regards to GDP and income per capita
- It's a member of the Eurozone
- It's located in a geographically similar place so has the same goods transport issues
Turkey by contrast, is nothing like the UK in virtually every metric and thus picking it would clearly be cherry picking to make a point.
One could pick other Eurozone countries for comparison but the best like-for-like comparison by most metrics would be France and that is why I picked it.
Inflation has many causes and many factors but to dismiss Brexit as one would be foolish in my opinion as many issues around Brexit would have added to inflationary pressures.
SB |
Like-for-like is inflation rate of one country against an inflation rate of another. Which country is a better comparison than another is a matter of opinion. A sample size of 1 can never be better than a sample size of 27.
I would certainly agree France is a better comparison than Turkey, I never said it wasn't, I was just using examples how 1 country can be cherry-picked to suit an argument. One could argue that Germany, Ireland, Belgium, Holland, Spain, Italy are also comparable, and pick the one they want to suit their argument.
Your argument is a bit like being 3rd bottom of the table and saying we are doing well because Norwich, the best-matched team to us, are bottom. |  |
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| Brexit Myths Dispelled on 09:37 - Nov 11 with 1861 views | Leaky |
Don't worry HARRY will be along shortly |  | | |
| Brexit Myths Dispelled on 09:40 - Nov 11 with 1851 views | Leaky |
| Brexit Myths Dispelled on 16:01 - Nov 10 by HARRY10 |
I merely asked, because the ever truthful Mr Farage told us that 79 million of these chappies would be joining the EU soon
Did he lie /
Were brexit thickos so stupid they believed such claims? |
Here we have a thicko calling people who disagree with him thick | | | |
| Brexit Myths Dispelled on 12:30 - Nov 11 with 1818 views | backwaywhen |
| Brexit Myths Dispelled on 15:26 - Nov 10 by usm |
No, what hes saying is that UK inflation is lower than Eurozone inflation
Which is absolute, certain, 100%, definite proof that Brexit did not cause high inflation in the UK,
Probably |
I suspect it is all down to the Covid outbreak and Ukrainian war , Brexit is a political blame game IMO. | | | |
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| Brexit Myths Dispelled on 14:08 - Nov 11 with 1790 views | TractorBrew |
| Brexit Myths Dispelled on 23:53 - Nov 10 by Trequartista |
Like-for-like is inflation rate of one country against an inflation rate of another. Which country is a better comparison than another is a matter of opinion. A sample size of 1 can never be better than a sample size of 27.
I would certainly agree France is a better comparison than Turkey, I never said it wasn't, I was just using examples how 1 country can be cherry-picked to suit an argument. One could argue that Germany, Ireland, Belgium, Holland, Spain, Italy are also comparable, and pick the one they want to suit their argument.
Your argument is a bit like being 3rd bottom of the table and saying we are doing well because Norwich, the best-matched team to us, are bottom. |
27 is better than 1 as a sample is an incredibly basic response, and clearly limited knowledge of proper statistical method. The sample needs to have relevancy regardless of size. When it comes to comparisons on things like inflation, this is really quite important due to the massive socio-demographic impact on the measure.
I could pick 26 2 year olds and declare that in the sample I am tallest...pretty meaningless | | | |
| Brexit Myths Dispelled on 15:06 - Nov 11 with 1750 views | eireblue |
The interesting thing about this myth, if you search for the phrase “Brexit has led to high inflation for the UK”
It appears on one site, in the entire Internet, this one.
Adding an er to high, just in case Blueas mistyped, there are no hits.
However search for the exact phrase "was robin hood real", you get loads of hits.
You know, I am starting to think, Blueas is making this one up, and that really isn’t a proper myth at all. |  | | |
| Brexit Myths Dispelled on 15:34 - Nov 11 with 1718 views | HARRY10 |
"What has that got to do with anything ( no they are not )? "
eh ?
The subject was Eurozone countries
Turkey is not a Eurozone country | | | |
| Brexit Myths Dispelled on 16:10 - Nov 11 with 1703 views | Eireannach_gorm |
| Brexit Myths Dispelled on 15:34 - Nov 11 by HARRY10 |
"What has that got to do with anything ( no they are not )? "
eh ?
The subject was Eurozone countries
Turkey is not a Eurozone country |
Gosh you're easily triggered. I was agreeing with you ( in this instance ). I believe I have just become the victim of friendly fire. must learn to be less edgy. |  | | |
| Brexit Myths Dispelled on 16:22 - Nov 11 with 1706 views | blueasfook |
| Brexit Myths Dispelled on 15:06 - Nov 11 by eireblue |
The interesting thing about this myth, if you search for the phrase “Brexit has led to high inflation for the UK”
It appears on one site, in the entire Internet, this one.
Adding an er to high, just in case Blueas mistyped, there are no hits.
However search for the exact phrase "was robin hood real", you get loads of hits.
You know, I am starting to think, Blueas is making this one up, and that really isn’t a proper myth at all. |
it is a myth. Some guy in the pub was saying "Oi blame all this high inflation malarkey on tha bloomin Brexit oi does" | |
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| Brexit Myths Dispelled on 16:24 - Nov 11 with 1696 views | giant_stow |
| Brexit Myths Dispelled on 16:10 - Nov 11 by Eireannach_gorm |
Gosh you're easily triggered. I was agreeing with you ( in this instance ). I believe I have just become the victim of friendly fire. must learn to be less edgy. |
Everyone gets Harry-ed sooner or later. |  |
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| Brexit Myths Dispelled on 16:54 - Nov 11 with 1676 views | HARRY10 |
| Brexit Myths Dispelled on 16:10 - Nov 11 by Eireannach_gorm |
Gosh you're easily triggered. I was agreeing with you ( in this instance ). I believe I have just become the victim of friendly fire. must learn to be less edgy. |
you asked a question - I replied
as to triggered, more vacuous newspeak, Daddio | | | |
| Brexit Myths Dispelled on 16:58 - Nov 11 with 1677 views | giant_stow |
| Brexit Myths Dispelled on 16:54 - Nov 11 by HARRY10 |
you asked a question - I replied
as to triggered, more vacuous newspeak, Daddio |
Put those guns away Harry, before you hurt someone. | |
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| Brexit Myths Dispelled on 17:07 - Nov 11 with 1667 views | Ewan_Oozami |
| Brexit Myths Dispelled on 16:24 - Nov 11 by giant_stow |
Everyone gets Harry-ed sooner or later. |
Just don't mention PR..... |  |
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| Brexit Myths Dispelled on 18:07 - Nov 11 with 1641 views | Trequartista |
| Brexit Myths Dispelled on 14:08 - Nov 11 by TractorBrew |
27 is better than 1 as a sample is an incredibly basic response, and clearly limited knowledge of proper statistical method. The sample needs to have relevancy regardless of size. When it comes to comparisons on things like inflation, this is really quite important due to the massive socio-demographic impact on the measure.
I could pick 26 2 year olds and declare that in the sample I am tallest...pretty meaningless |
That might be true if the 27 countries were random ones dotted around Asia, Africa and South America, but these are Eurozone countries, there cannot really be a closer group. They don't even include Turkey which is a massive outlier.
Every country in the world is unique in the way its economy works. Each one will have local factors that make it impossible for a direct comparison so to take just one as evidence just cannot be accurate. Perhaps you could narrow the 27 down a bit to the nearest western european countries, but I don't see how that significantly changes things.
It just seems people don't like an answer, so they are trying to bend the question to get a more favourable answer. There's no need. It's perfectly reasonable for someone to hold a position that Brexit was very bad overall, but there is no real evidence that it has boosted inflation. [Post edited 11 Nov 2022 18:08]
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| Brexit Myths Dispelled on 19:32 - Nov 11 with 1617 views | Leaky |
| Brexit Myths Dispelled on 16:58 - Nov 11 by giant_stow |
Put those guns away Harry, before you hurt someone. |
Harry is just a key just a key board warrior, he wouldn't have the balls to say these things face to face. I've been insulted by him today. I just think he suffers from small penis syndrome. | | | |
| Brexit Myths Dispelled on 22:12 - Nov 11 with 1578 views | Freddies_Ears |
| 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 |
Ah, but France's lower inflation rate is at least partly due to their disgusting communist government legislating to make energy firms meet much of the impact of the increase in gas & electricity prices, rather than pass on to consumers.
Luckily for firms such as EDF, the entirely sensible UK government have not restricted their profits, and so they can use income from the UK to subside their loss-making French business. | | | |
| Brexit Myths Dispelled on 22:29 - Nov 11 with 1566 views | BanksterDebtSlave |
| Brexit Myths Dispelled on 22:12 - Nov 11 by Freddies_Ears |
Ah, but France's lower inflation rate is at least partly due to their disgusting communist government legislating to make energy firms meet much of the impact of the increase in gas & electricity prices, rather than pass on to consumers.
Luckily for firms such as EDF, the entirely sensible UK government have not restricted their profits, and so they can use income from the UK to subside their loss-making French business. |
It's like the Common Agricultural Policy all over again. | |
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| Brexit Myths Dispelled on 23:57 - Nov 11 with 1550 views | XYZ |
| Brexit Myths Dispelled on 22:29 - Nov 11 by BanksterDebtSlave |
It's like the Common Agricultural Policy all over again. |
How is it in 1978?
We won the cup! | | | |
| Brexit Myths Dispelled on 10:41 - Nov 16 with 1305 views | TalkingBlues |
If you take an average weighted eurozone turkey (T) and baste it (Nx)27 times during cooking, statistically, it is likely to have more flavour and a crispier skin than a turkey sourced outside the eurozone that has only been basted once during (C) cooking time. However, these results (R) are subject to massive variation, dependent on the (MC) means of cooking, where such variation can be (E) electric or (G) gas and the stability of said energy flow to (D) device, dependent on which specific geolocation said Turkey is being cooked and how many Neutrons are present in the building at the time of cooking and also also the number of Protons containing an atomic mass <0.000364549 Nu exactly 49 minutes and 7 seconds prior to first basting.
This is what I have learned from the entire thread so far, is that about right, or was there a different message in here that I've missed somewhere? |  |
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