Valuations in property are currently meaningless Free markets, or indeed markets in general, have a tendency to set prices, not through control, not by one person holding up a placard ... Continue reading
MV=PT, quantitative easy in the UK, will it work? The equation at the heart of prices, the 'Quantity theory of money', centuries old but redeveloped by the likes of Irving Fisher, Ludwi... Continue reading
Regulatory distortion of the market, intervention required. The Financial Regulator has been under increased scrutiny and for that reason it is probably a good idea if they take steps to ensure a... Continue reading
Rent to Buy, why? I had dinner in early 2008 with a man who was a retired builder, he told me about the way he used to do business back in the 70's, and ... Continue reading
The day we all became state tenents It may be beyond bearing to think about what I am about to describe, but there is a possibility of everybody becoming a state tenant. ... Continue reading
Who broke my internets? Today I was trying to tweet a url and got an error message from twitter (pic related) saying they were overloaded. This is only a day ... Continue reading
Fixing symptoms is not a solution This is an interesting conversation that appeared on Bloomberg with Jim Bianco. He makes the interesting point that there are really tw... Continue reading
It’s gonna hurt…. because it has to. I have found something that nobody disagrees upon, which is the need to save the economy, but that's where the agreement ends, because ... Continue reading
Government Bond Bubble forming We have spoken before on this blog about the likelihood of a treasury/govt. bond bubble forming. The indicators were out last year when... Continue reading
High tax, and ‘super tax’ will collapse the tax base I have said that taxing certain sectors of society more will actually decrease, the most recent and public evidence of this was U2 movi... Continue reading