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-   -   Ah, Brexit. (https://britishexpats.com/forum/usa-57/ah-brexit-915663/)

isi16 Aug 10th 2018 5:05 am

Re: Ah, Brexit.
 

Originally Posted by cranston (Post 12546347)
There are no experts when it comes to currency movements. There are only people who don't know and people who don't know they don't know.

Signed
An Expert

if you say so

Beraider Aug 10th 2018 6:33 am

Re: Ah, Brexit.
 
On the other hand, those of us on the way back to UK can make some hay. I just took advantage of this and sent a wad back.

vespucci Aug 10th 2018 9:03 am

Re: Ah, Brexit.
 

Originally Posted by cranston (Post 12546347)
There are no experts when it comes to currency movements. There are only people who don't know and people who don't know they don't know.

Yes that's true, I hadn't thought of that!

cranston Aug 13th 2018 12:27 pm

Re: Ah, Brexit.
 
The saying comes from leading economist John Galbraith (Harvard, Princeton, UCal) who served in the administrations of FDR, Truman, Kennedy & Johnson

https://en.wikipedia.org/wiki/John_Kenneth_Galbraith

I have been in the currency business since 1984 and Galbraith is spot on.


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