Re: Even here at the bottom end it's a mess
This fall in the pound is going to increase cost of living, increase inflation, increase interest rates and the list goes on and on when it comes to this.
Hasn't the Bank of England been actively trying to increase inflation since the financial crisis? Now something has happened which may actually succeed.
Compare Japan. (which may also prove that deflation is not always as fearsome as half-digested history of the 1930s would suggest).