Will Prices Skyrocket....

UCDVet · 23-01-2015 05:46PM #1

The euro seems to be dropping like a rock - does this mean it's going to start costing that much more to buy things when we go to shops?

cherryghost · 23-01-2015 05:46PM

No

BoJack Horseman · 23-01-2015 05:50PM

Some goods, slightly.

Most goods, probably not much difference.

Princess Consuela Bananahammock · 23-01-2015 05:53PM

UCDVet wrote: »

The euro seems to be dropping like a rock - does this mean it's going to start costing that much more to buy things when we go to shops?

If you're buying things from aboard in foreign currecncies like GBP or USD, then you'd be adivsed to check the cost in euro before you confirm the sale. Other than that, no.

PLUG71 · 23-01-2015 05:56PM

Will a uk pension payed monthly be worth a bit more?

The Backwards Man · 23-01-2015 06:06PM

No, but with any luck I'll be bathing in Queen's head twenties before long. Mwahahahahahahahahah!!!

BoJack Horseman · 23-01-2015 06:10PM

PLUG71 wrote: »

Will a uk pension payed monthly be worth a bit more?

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

Tea-a-Maria · 23-01-2015 06:12PM

I thought this thread was going to be a rant about solicitor's fees.

PLUG71 · 23-01-2015 06:23PM

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

The Backwards Man · 23-01-2015 06:26PM

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

Any that are entitled to it and have any sense!:pac:

Jawgap · 23-01-2015 06:29PM

PLUG71 wrote: »

Will a uk pension payed monthly be worth a bit more?

It should be.

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

I started work for a UK firm last September - I was given the option of being paid in Euros or the coin of the realm. Unfortunately, I chose the yoyos - should've gone with the sterling

jimgoose · 23-01-2015 06:37PM

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

My brother, who lives near Wall Street and earns bollock-loads of money.

KomradeBishop · 23-01-2015 06:38PM

Our imports seem to be ~60% from the EU and around 10% from the US, and the price of oil is lower than it's been for quite a long time - and Europe is currently heading into deflation - so we're not likely to see more than a temporary blip of inflation (price increases), before disinflation and then deflation settles in again.

jimmii · 23-01-2015 06:40PM

Prices might well increase a touch every time we import stuff from UK its getting a little bit more expensive only so far you can go absorbing the price increases. 1.33 today :eek:

The Diabolical Monocle · 23-01-2015 06:43PM

Germany seems unhappy about it - that means its a good thing.

893bet · 23-01-2015 06:44PM

****ing rolex are def going up.

IamNotNumber · 23-01-2015 06:46PM

Payday today and filling up the car and I thought sure leave it at €25 ..petrol might be cheaper tomorrow.That's the mentality of deflation.

alias no.9 · 23-01-2015 06:49PM

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

Banjo String · 23-01-2015 06:54PM

BoJack Horseman wrote: »

Yeah, but what proud noble son of Erin would debase himself by taking the Queens shilling?

Looks like most of us

Only an idiot would refuse it.

Amirani · 23-01-2015 06:57PM

The Diabolical Monocle wrote: »

Germany seems unhappy about it - that means its a good thing.

Any German who is unhappy about this doesn't have a clue what this entails.

catbear · 23-01-2015 07:01PM

It's only to counteract deflation so aside from tax increases falling oil prices should balance things. While we notice the drop at the pump it usually takes about 6 months for cheaper energy to be fully felt in the wider economy.

johnsheridan · 23-01-2015 07:05PM

KomradeBishop wrote: »

Our imports seem to be ~60% from the EU and around 10% from the US, and the price of oil is lower than it's been for quite a long time - and Europe is currently heading into deflation - so we're not likely to see more than a temporary blip of inflation (price increases), before disinflation and then deflation settles in again.

Good answer.

jimgoose · 23-01-2015 11:59PM

Diego Simeone wrote: »

Any German who is unhappy about this doesn't have a clue what this entails.

Correct. It wouldn't be the first time they were led astray by lunatics.

C.K Dexter Haven · 24-01-2015 12:22AM

893bet wrote: »

****ing rolex are def going up.

Anything Swiss is definitely going up in price- buy now.

Tearin It Up · 24-01-2015 12:29AM

C.K Dexter Haven wrote: »

Anything Swiss is definitely going up in price- buy now.

Swiss chocolate?

C.K Dexter Haven · 24-01-2015 12:35AM

Tearin It Up wrote: »

Swiss chocolate?

Yes (chocolate is going up anyway due to price rises in cocoa beans but exchange rate between Euro/Swiss Franc means price hike on Swiss goods)

24-01-2015 12:36AM

Feck it anyway. Daughter at uni in the north and exchange rate means I have been paying more and more every month.

C.K Dexter Haven · 24-01-2015 12:38AM

Strawberry Milkshake wrote: »

Feck it anyway. Daughter at uni in the north and exchange rate means I have been paying more and more every month.

Yep, it's down towards .73 now to buy, scary stuff.

questionmark? · 24-01-2015 12:44AM

I get paid in Sterling and I notice the differance big time compared to a few years ago. Should make a pint in Dublin feel affordable in a while if it keeps going the way it is!

Tearin It Up · 24-01-2015 12:46AM

How long will this last?

C.K Dexter Haven · 24-01-2015 12:46AM

questionmark? wrote: »

I get paid in Sterling and I notice the differance big time compared to a few years ago. Should make a pint in Dublin feel affordable in a while if it keeps going the way it is!

Swings and roundabouts- enjoy it while it lasts dude:)

Will Prices Skyrocket....

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