With stable money, increased productivity results in lower prices. Take today's electronic sector and compare the price and specification of a 1996 personal computer as against one today. The price is lower even in money terms, whilst the specification is much higher.NickFaulks wrote: The latter part of the 19th century is the most obvious case in point, when for decades deflation and economic growth coincided quite happily.
EU referendum aftermath
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Re: EU referendum aftermath
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Re: EU referendum aftermath
This is due to technological developments, not the value of the £.
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Re: EU referendum aftermath
There is something called supply-demand curve, in economics.
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Re: EU referendum aftermath
Possibly. It is not difficult to find opportunities to contribute to more active threads on the subject elsewhere!
One could be forgiven for thinking that the government was happy to lose the High Court case, but that doesn't make very much sense. To be sure, MPs won't block Brexit but who knows what to expect in the Lords?
One could be forgiven for thinking that the government was happy to lose the High Court case, but that doesn't make very much sense. To be sure, MPs won't block Brexit but who knows what to expect in the Lords?
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Re: EU referendum aftermath
I think the Lords successfully blocking it after both a referendum and a commons vote is close to zero.
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Re: EU referendum aftermath
Now we have a problem Toblerone
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Re: EU referendum aftermath
Which has what to do with the referendum?Mick Norris wrote:Now we have a problem Toblerone
If you want a picture of the future, imagine a QR code stamped on a human face — forever.
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Re: EU referendum aftermath
Nothing. It is an interesting demonstration of weighing the cost of changing packaging for shorter bars (maybe they have large amounts of pre-made unused packets?) versus changing the content of the bars and risking a customers backlash.
Still, at least they didn't change the name (see Snickers vs Marathon and Opal Fruits vs Starburst).
Still, at least they didn't change the name (see Snickers vs Marathon and Opal Fruits vs Starburst).
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Re: EU referendum aftermath
Something else now to have a beef about concerning Toblerone! (My other, long-standing one is that you can't get the white or dark varieties here in the colonies, other than in airport duty-frees, and not always even then.)
We tend to perceive it out here as a high(-ish)-end product, so a price rise wouldn't have bothered us unduly; only to be expected, etc. But trimming the weight in that sneaky fashion is definitely contemptible. (A very common sort of trick, alas. I won't readily forget the jam-makers who suddenly began using octagonal jars instead of round ones of the same diameter .... leaving the price unchanged, of course.)
And - apologies in advance for off-topic rant - adulterating the ingredients will probably follow. Australian (not NZ) chocolate is already rubbish because they fill it with palm oil, allegedly so that it keeps better in their appalling climate.
We tend to perceive it out here as a high(-ish)-end product, so a price rise wouldn't have bothered us unduly; only to be expected, etc. But trimming the weight in that sneaky fashion is definitely contemptible. (A very common sort of trick, alas. I won't readily forget the jam-makers who suddenly began using octagonal jars instead of round ones of the same diameter .... leaving the price unchanged, of course.)
And - apologies in advance for off-topic rant - adulterating the ingredients will probably follow. Australian (not NZ) chocolate is already rubbish because they fill it with palm oil, allegedly so that it keeps better in their appalling climate.
"The chess-board is the world ..... the player on the other side is hidden from us ..... he never overlooks a mistake, or makes the smallest allowance for ignorance."
(He doesn't let you resign and start again, either.)
(He doesn't let you resign and start again, either.)
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Re: EU referendum aftermath
OH!!! Starburst is really opal fruits? why don't they advertise that? I'll probably start buying it now I know.
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Re: EU referendum aftermath
I'm not sure that's accurate, they have changed the weight of 2 of the bars they sell in the UK, and changed the shape at the same time, but they haven't been secretive about it - ok, they aren't running a full advertising campaign, but you'd hardly expect them to do soJohn Clarke wrote:Something else now to have a beef about concerning Toblerone! (My other, long-standing one is that you can't get the white or dark varieties here in the colonies, other than in airport duty-frees, and not always even then.)
We tend to perceive it out here as a high(-ish)-end product, so a price rise wouldn't have bothered us unduly; only to be expected, etc. But trimming the weight in that sneaky fashion is definitely contemptible
The reality is that the fall in the pound has increased the cost of some things on sale in the UK, and the effect has only just started, and more will follow; it is opportunist to blame all of this on brexit, but brexit has hastened the fall in sterling
Still, now we have Trump, who knows what will happen next?
No amount of eating chocolate helps sometimes; I know, I have tried
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Re: EU referendum aftermath
I suppose a thread on Trump would be too depressing. Not a surprising result, really, though. It is clearly a sign of the times.