Reply to post: Re: Markets are mostly psychology

UK PC prices have risen 30% in a year since the EU referendum

Anonymous Coward
Anonymous Coward

Re: Markets are mostly psychology

> A slightly selfish viewpoint as conversely, the things they buy from us get cheaper. As an exporter, a rising gate price can be passed on under such circumstances. Your problem here is that you're not exporting your house!

Actually, the problem is we're not actually exporting any more, and while those exports have certainly led to higher profits for many firms, for most those profits have been offset by the increased cost of imports which affects the components which go into many of those exports. There will always be a balancing act between those, but as we are heavily dependent on services as opposed to goods, we are dependent on retaining the ability to provide those services. That's where we should really be worried.

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