Login   |   Register   |   
Message Boards
Message Boards
Interact
Interact

General   (General discussion, talk about anything.)

Started by: tonker (27964) 

"Sterling has been in decline against major currencies since the end of WW2. ....... With debt the government can use devaluation to reduce the cost of debt."

Surely, devaluation of sterling, against any given currency, would 'increase' the cost of any debt to that currency?

Replied: 15th Aug 2022 at 17:09

Report Abuse

Only use this form to report abuse about the post displayed above. If you have a query or wish to make a comment, do not use this form.

Your IP No. (18.222.67.251) will be logged.

* Enter the 5 digit code to the right of the input box. Don't worry if you make a mistake, you will get another chance. Your comments won't be lost.