| Brexit Myths Dispelled 15:17 - Nov 10 with 9720 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 15:22 - Nov 10 with 3996 views | Ewan_Oozami |
So the premise for your mythbusting is that people are saying that Brexit is the sole cause of high inflation? |  |
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| Brexit Myths Dispelled on 15:26 - Nov 10 with 3964 views | usm |
| 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? |
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 |  |
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| Brexit Myths Dispelled on 15:27 - Nov 10 with 3946 views | BlueBadger |
| 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? |
Ironically, Blueas' OP is now adding evidence to the theory that your merge Brexiteer is a gullible dimwit who is easily impressed by simplistic and easily debunked claims. |  |
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| Brexit Myths Dispelled on 15:30 - Nov 10 with 3926 views | usm |
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| Brexit Myths Dispelled on 15:33 - Nov 10 with 3920 views | 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 |  |
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| Brexit Myths Dispelled on 15:37 - Nov 10 with 3883 views | BlueBadger |
| 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 |
It gets colder in winter still, which PROVES climate change is a myth. | |
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| Brexit Myths Dispelled on 15:37 - Nov 10 with 3877 views | HARRY10 |
Another idiotic squeak from our resident apologist.
Every statistic points to the destructive effect of brexit. Anecdotal evidence, and peoples experience points the same way
Yet here we have some parrot sketch denial, setting up a strawman argument and hoping that will work.
Curiously this eejit is talking about the Eurozone, when previously brexiters were whining that countries in the Eurozone were not equal and should not be expected to behave or treated as such (Greece). |  | | |
| Brexit Myths Dispelled on 15:40 - Nov 10 with 3856 views | BlueBadger |
| Brexit Myths Dispelled on 15:37 - Nov 10 by HARRY10 |
Another idiotic squeak from our resident apologist.
Every statistic points to the destructive effect of brexit. Anecdotal evidence, and peoples experience points the same way
Yet here we have some parrot sketch denial, setting up a strawman argument and hoping that will work.
Curiously this eejit is talking about the Eurozone, when previously brexiters were whining that countries in the Eurozone were not equal and should not be expected to behave or treated as such (Greece). |
I always enjoy threads like this. You generally get to see who the Duty DaveU's are likely to be for the next few weeks by the voting. | |
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| Brexit Myths Dispelled on 15:43 - Nov 10 with 3840 views | usm |
| 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 |
Or Turkey with 85%............... | |
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| Brexit Myths Dispelled on 15:45 - Nov 10 with 3826 views | homer_123 |
| Brexit Myths Dispelled on 15:43 - Nov 10 by usm |
Or Turkey with 85%............... |
are they really running at 85%?!?!? |  |
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| Brexit Myths Dispelled on 15:54 - Nov 10 with 3739 views | HARRY10 |
| Brexit Myths Dispelled on 15:45 - Nov 10 by homer_123 |
are they really running at 85%?!?!? |
are they in the Eurozone ? | | | |
| Brexit Myths Dispelled on 15:56 - Nov 10 with 3735 views | Oldsmoker |
I've always found the Inflation rate misleading.
When I look at that basket of items they calculate RPI from, there's so much I don't buy.
My personal inflation rate is focused on food, booze, petrol, car insurance, Rent, Council Tax, Gas, Electricity, Broadband and phone.
That's basically it.
I don't eat Big Macs or dine out. I'm not going to buy a new car or a new wardrobe or go to the theater.
The majority of costs of Brexit are paid by companies exporting goods to the EU because of the layers of forms they have to fill in.
These goods are exported so their cost to us is irrelevant 'cos they are not sold to us and therefore not in the RPI.
Brexit has led to thinner profits for exporting companies, which means less tax to the government and a subsequent squeeze on all of us which you're about to find out from Mr. *unt. |  |
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| Brexit Myths Dispelled on 15:57 - Nov 10 with 3726 views | homer_123 |
| Brexit Myths Dispelled on 15:54 - Nov 10 by HARRY10 |
are they in the Eurozone ? |
I think they would 'like to be'? | |
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| Brexit Myths Dispelled on 15:57 - Nov 10 with 3724 views | homer_123 |
| Brexit Myths Dispelled on 15:56 - Nov 10 by Oldsmoker |
I've always found the Inflation rate misleading.
When I look at that basket of items they calculate RPI from, there's so much I don't buy.
My personal inflation rate is focused on food, booze, petrol, car insurance, Rent, Council Tax, Gas, Electricity, Broadband and phone.
That's basically it.
I don't eat Big Macs or dine out. I'm not going to buy a new car or a new wardrobe or go to the theater.
The majority of costs of Brexit are paid by companies exporting goods to the EU because of the layers of forms they have to fill in.
These goods are exported so their cost to us is irrelevant 'cos they are not sold to us and therefore not in the RPI.
Brexit has led to thinner profits for exporting companies, which means less tax to the government and a subsequent squeeze on all of us which you're about to find out from Mr. *unt. |
In that order? I would have had you down as booze being first? | |
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| Brexit Myths Dispelled on 16:01 - Nov 10 with 3695 views | HARRY10 |
| Brexit Myths Dispelled on 15:57 - Nov 10 by homer_123 |
I think they would 'like to be'? |
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? | | | |
| Brexit Myths Dispelled on 16:03 - Nov 10 with 3694 views | Oldsmoker |
| Brexit Myths Dispelled on 15:57 - Nov 10 by homer_123 |
In that order? I would have had you down as booze being first? |
It's 4pm so yes I'm mellow and just one laaarge Vodka and Tonic from telling you I love you.
I need to eat something right now so obviously food was foremost on my mind at the time of writing. | |
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| Brexit Myths Dispelled on 16:09 - Nov 10 with 3656 views | homer_123 |
| Brexit Myths Dispelled on 16:03 - Nov 10 by Oldsmoker |
It's 4pm so yes I'm mellow and just one laaarge Vodka and Tonic from telling you I love you.
I need to eat something right now so obviously food was foremost on my mind at the time of writing. |
Line that stomach.... | |
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| Brexit Myths Dispelled on 16:13 - Nov 10 with 3644 views | clive_baker |
Wouldn't say it's a Brexit myth and wouldn't say you've dispelled it either. Leaving the EU brought with it increased red tap, complexity and cost to import. Typically these costs are passed on to the consumer, thus contributing to inflation.
Having said it's true that the lions share of the inflation seen across the UK and the world isn't driven by Brexit, but by crude oil and gas prices thanks to Putin's war in Ukraine which no country is immune to. |  |
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| Brexit Myths Dispelled on 16:13 - Nov 10 with 3641 views | Oldsmoker |
| 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? |
It was the Turkish Government that wanted to join the EU.
However, according to Farage, the Turkish population would be so incensed that their government had joined the EU they were all going to leave Turkey and move to the UK.
No pleasing some people. | |
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| Brexit Myths Dispelled on 16:23 - Nov 10 with 3609 views | HARRY10 |
| Brexit Myths Dispelled on 16:13 - Nov 10 by clive_baker |
Wouldn't say it's a Brexit myth and wouldn't say you've dispelled it either. Leaving the EU brought with it increased red tap, complexity and cost to import. Typically these costs are passed on to the consumer, thus contributing to inflation.
Having said it's true that the lions share of the inflation seen across the UK and the world isn't driven by Brexit, but by crude oil and gas prices thanks to Putin's war in Ukraine which no country is immune to. |
The first paragraph is incorrect. Prices can only be charged at what the market will bear, as were your thought to be correct pubs etc would not be closing as they would simply put up their prices to meet increasing costs.
The OP was merely an absurd attempt at adenial of the effects brexit is having on the UK economy ie ITFC are losing but so are other clubs so it is not McKs fault. | | | |
| Brexit Myths Dispelled on 16:27 - Nov 10 with 3603 views | HotShotHamish |
| 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 |
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 | | | |
| Brexit Myths Dispelled on 16:29 - Nov 10 with 3586 views | clive_baker |
| Brexit Myths Dispelled on 16:23 - Nov 10 by HARRY10 |
The first paragraph is incorrect. Prices can only be charged at what the market will bear, as were your thought to be correct pubs etc would not be closing as they would simply put up their prices to meet increasing costs.
The OP was merely an absurd attempt at adenial of the effects brexit is having on the UK economy ie ITFC are losing but so are other clubs so it is not McKs fault. |
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. | |
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