Originally posted by scooterscot
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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."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostTrue. 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.
The only way forward I can think of is hyper inflation in wages but not asset prices.
Is hyper inflation that bad?Comment
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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.pdfComment
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