If the pound continues to fall capital controls will be on the agenda

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The UK cannot afford an uncontrolled currency dip: inflation alone might demand action to address this issue.

Interest rates cannot be raised: that would make things worse.

So capital controls will be on the agenda for post Brexit, I suspect.

I am not necessarily opposed to capital controls: that they may be forced upon the UK does not seem desirable. This is all beginning to feel somewhat uncomfortable (other words might be used).


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