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View Full Version : 50% falls in UK house prices



Mega
11-20-12, 06:54 PM
Here hoping!
http://www.standard.co.uk/lifestyle/london-life/crispin-odey-david-cameron-is-not-a-leader-doesnt-understand-power-and-doesnt-use-it-8335027.html
Mike

Chris
11-21-12, 07:29 AM
not going to happen unless rates rise significantly.

Mega
11-21-12, 01:20 PM
BRING IT ON!
Mike

*T*
11-22-12, 01:58 PM
The question is, what are they prepared to sacrifice to keep rates low?

Chris
11-22-12, 03:49 PM
Savers.

The Bank of England just reinvested the coupon from the last round of QE. That's 35 billion worth of new Gilts purchased and less issuance coming to market. It is de facto money printing.

They will do everything they can and everything they shouldn't to prevent rising rates.

Mega
11-23-12, 06:00 PM
Yes, they print but in the end they have to lift rates AS WELL.
;)
Mike

*T*
11-24-12, 04:12 AM
Yes, they print but in the end they have to lift rates AS WELL.
;)
Mike

This is the question: why?
They always have a choice.

Mega
11-24-12, 09:24 AM
They do what they did in the 70's "T".........Stagflation, they print get lots of inflation & thus have to lift rates a bit to look like they fighting inflation..........or everyone will bale out & go to Gold.
Mike