House prices

[BrilloPad]

Everyone is expecting money printing. Everyone is expected Gold to go through the roof.

I'm betting neither of those two things happen in the near to medium term.

I thought HK residents were being given money?

[scooterscot]

True. If the last 10 years has shown us anything, free money does not help an economy to grow. The markets are now realising this and rejecting free money. This is stiff drink time. This is why I'm bearish on QE & Gold.

In their own words the government of Hong Kong said the $1200 give away per person is aimed at stimulating the economy.

[BrilloPad]

True. If the last 10 years has shown us anything, free money does not help an economy to grow. The markets are now realising this and rejecting free money. This is stiff drink time. This is why I'm bearish on QE & Gold.

In their own words the government of Hong Kong said the $1200 give away per person is aimed at stimulating the economy.

It always seemed odd to me that the problems of 2008 were caused by too much debt and the solution was more debt.

The only way forward I can think of is hyper inflation in wages but not asset prices.

Is hyper inflation that bad?

[Martin@AS Financial]

Nationwide House Price Index Feb 20

Key points:

- Annual house price growth edges up to 2.3%, the strongest rate for 18 months

- 0.3% rise month-on-month, after taking account of seasonal factors

Full report:

https://www.nationwide.co.uk/-/media...0/Feb_2020.pdf