Janet Baraclough wrote:

> The message >
> from "Default User" > contains these words:

> > You can't compare stuff that way, unless you are buying British
> > stuff, or they're buying American. The pound has been rising
> > against the dollar, but that doesn't mean their prices go up or
> > ours down.
>
> You can certainly say, that with such high food costs in Britain,
> it would be immensely difficult for a single person in Britain to feed
> themselves well for less than 3 pounds a day, ( £20 a week =40 US
> dollars).

Nonsense. When the pound goes up against the dollar, imported food
becomes cheaper. Basic economics.

Now, indeed food prices in the UK may be more "expensive", that is
taking a higher percentage of a worker's salary than the US, but the
relative strength of the GBP versus USD doesn't matter. If the pound
took a sharp drop against the dollar next week, your food wouldn't get
cheaper, but it would seem that way when compared to the dollar.



Brian

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