Brian on Harnser wrote:
> on 27/11/2008, Reg supposed :
>> Posted by: "Nigel Stanley"
>> [EMAIL PROTECTED]
>>
>> This is all getting very off-topic, but many people think the pound
>> has been significantly over-valued because of the over-dominance of
>> financial services in the economy since Mrs Thatcher's city big bang
>> in 1987. This has not been helped by government and Bank of England
>> wanting an over-valued pound to bear down on inflation - one reason
>> why our interest rates are often higher than elsewhere.
>> ___________________________________________
>>
>> I don't see it that way.  In about 1970, I bought from Germany some
>> components to build a radio ham TV transmitter.  I got about 9DM for
>> £1.
>>
>> By the time just before the Euro arrived, I got about 3DM to a pound.
>> Today it's ¤1.1930 to a pound.  In May 2008, I got ¤1.2595 using my
>> Nationwide credit card in Germany.
>>
>> In June 2006, I got ¤1.3902.  In Nov 2005, I got ¤1.4414.  (I keep
>> records of diesel costs for my car.)
>>
> I can remember when two and six was known as half a dollar, ie 4
> dollars to the pound



Sadly, so do I...  :-(


-- 
Ron Jones
Process Safety & Development Specialist
Don't repeat history, unreported chemical lab/plant near misses at
http://www.crhf.org.uk Only two things are certain: The universe and
human stupidity; and I'm not certain about the universe. ~ Albert
Einstein 



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