Friday, November 20, 2009

The pound in your pocket hasn't devalued

When Harold Wilson said something like that it was obviously a lie. I've commented a few times on the somewhat bizarre return of the 'devaluationists' in economic commentary, led by Ambrose Evans Pritchard, who I seems to believe that every country in the world can, and should, devalue at the same time.

But anyway, the point of this piece was I just bought four bottles of Champagne from the local off-licence for £40. So perhaps Wilson was right after all as its pretty good stuff.

update: Ooh, my head. Bloody Alistair Darling.

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