Fall in Sterling

so Gordon wants concerted action to save the economy of thew world. We live by exporting, the pound is devalued, making our exports cheaper and the imprts from other countries more expensive. So, when the leaders of the world's economy go home they will say

'excuse me Britain but you are being duplicitous you want us to buy your exports but you want our exports to you to be more expensive, so the money you give through tax credits will be spent on your goods in your country, exactly how is that going to help our economy, especially since your comment about British jobs for British people, or was that not what you said?'

Oh and exactly how are you Gordon Brown going to end the dictatorship of oil, or did you not say that either.

As for oil, the price in pounds sterling has not come down because of the changes to the exchange rate. Mind you we will have to raise interest rates but you will not do it until the crash in the pound has been engineered because you will want sterling to have fallen so as to to then engineer a rise in sterling, by raising ineterest rates,so that foreign investors are compensated for the fall in the price of Gilts by a rise in sterling. Prices in Gilts must fall as interest rates rise, work it out.