On 23/01/2020 14:49, Athel Cornish-Bowden wrote:
> On 2020-01-23 14:42:22 +0000, Richard Heathfield said:
>
>> On 23/01/2020 14:25, Athel Cornish-Bowden wrote:
>>> On 2020-01-23 14:01:40 +0000, Richard Heathfield said:
>>>
>>>> On 23/01/2020 12:15, Athel Cornish-Bowden wrote:
>>>>> On 2020-01-23 10:00:00 +0000, J. J. Lodder said:
>>>>>
>>>> <snip>
>>>>>>
>>>>>> The thing to do is to build a ring laser in a tunnel under the
>>>>>> equator.
>>>>>> You might be able to do it, for a few zeros more,
>>>>>
>>>>> I suspect he'll need more than 10000000€ to do that.
>>>>
>>>> Indeed (except that I said £, not €).
>>>
>>> I thought you probably did, but I hadn't the energy to check. In any
>>> case, by the time Boris Johnson has done his stuff £10000000 will be
>>> less than 10000000€.
>>
>> Perhaps it will, or perhaps it won't. You never can tell, with
>> currency exchange rates.
>
> I said that to provoke a response.
I know. And I was happy to oblige. But if you were looking for a
partisan reply, I may have disappointed you.
> I didn't think that a Brexiter such
> as you would agree.
I prefer reality to tribalism.
Yes, *of course* the pound might suffer from Brexit. Or it might not.
"Prediction is very difficult, especially about the future" - Niels Bohr
(attrib).
For many people, the economic outcome will be the most important.
Personally, I am of the opinion that, when left to themselves, free
market economies tend to bounce back from temporary hiccups, and so I
consider other aspects of Brexit to be of much greater significance; but
mine is just one opinion among many millions, and I won't go into
nauseating detail because it would be a shame to turn a light-hearted
sub-thread about slide rules into Yet Another Brexit Row.
Like any wholesale political upheaval, Brexit will have many
consequences: some will be good for the UK, and some will be bad, and
opinions on which are good and which are bad will vary widely.
> Maybe once the transition period has faded into
> history £10000000 will be worth 20000000€. We can only guess.
Indeed. And in a hundred years, people will look back and wonder why we
all made such a big fuss about it all. (Or why we didn't make a big
enough fuss.)
--
Richard Heathfield
Email: rjh at cpax dot org dot uk
"Usenet is a strange place" - dmr 29 July 1999