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The reduction of the exchange rate is unlikely to actually help the UK. Have a look at some of the academic research, while business leaders and politicians bel
by slgeorge 10y ago
The reduction of the exchange rate is unlikely to actually help the UK. Have a look at some of the academic research, while business leaders and politicians believe that a reduced exchange rate helps exporters there's not that much evidence for it. Also, even if it does help exporters from the perspective of average voters costs and inflation will go up - which they may not have thought through.