GeorgeK
Member
- Location
- Leicestershire
If other countries, especially America, raise their base rates and we don't follow the £ gets weaker. This makes all our imports such as oil and gas and therefore fertiliser more expensive and further fuels inflation as our currency devalues.
There's too much borrowed. We're too reliant on imports. Rock and a hard place and there's no way out this time. It's either recession or runaway inflation take your pick.
There's too much borrowed. We're too reliant on imports. Rock and a hard place and there's no way out this time. It's either recession or runaway inflation take your pick.