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The UK does not have fixed rate mortgages like that. If you don’t think Brexit is the root cause of inflation in the UK I don’t even know what to tell you.
by jen20 4y ago
The UK does not have fixed rate mortgages like that. If you don’t think Brexit is the root cause of inflation in the UK I don’t even know what to tell you.
- cloutchaser 4y agoI hate to tell you this, but many countries that didn't Brexit also have inflation right now... Did you check the baltics? Close to 20%. Did they Brexit?
- jen20 4y agoNo, they had Russia invade Ukraine on their borders. The Baltics have had several inflationary shocks even during the “good” times - not least when joining the Euro, everything jumped in price by 30-50%.
- cloutchaser 4y agoThanks, I know that, and I was replying to the guy saying inflation is because of brexit. At least Biden is saying inflation is because of Putin, that’s one step less of a ridiculous statement, albeit still wrong.
- mytailorisrich 4y agoInflation is in the same ballpark in the UK, Eurozone, and US... Clearly if Brexit has any impact it is indeed small at the moment.
- jen20 4y ago2% above the more reasonable parts of the Eurozone is not a small impact for everyday people - especially not those who have “done the right thing” and have savings.