Professor Patrick Minford, professor of Applied Economics at Cardiff Business School, has blown the lid open on the debate surrounding Britain’s membership of the European Union (EU) by revealing in testimony to the House of Commons Foreign Affairs select committee that the cost of living for those in the United Kingdom would drop by eight per cent “on day one” if Britain leaves the EU.
“We have actually done a simulation of leaving the EU and the first thing that comes out is an eight per cent drop in the cost of living on day one. Because of the move from EU prices to world prices. Now that is really worth having.”
WATCH: Top Economist Says Cost of Living WILL FALL by 8 PER CENT ON DAY ONE If Britain Leaves The EU
http://www.breitbart.com/...t-of-living-will-fall-by-8-per-cent-if-britain-leaves-the-eu-on-day-one/