What steps will gov take if 35%+ HPC?

AG47

AnotherJoe wrote: »

You made a risible suggestion that government will raise interest rates to keep the Pound high.
it's clear they won't do that because (a) they don't want a high Pound and (b) it's been proved that is unworkable as a strategy.
Therefore there won't be high interest rates to cause a fall in house prices.
Other factors may, I make no prediction on those. But not higher rates.

they will raise interest rates to try to stop the pound falling too far.

They don't want a high pound but they don't want it falling through the floor after the brexit fallout.

Lots of things have been proved an unworkable or just unwise strategy, but that doesn't mean it didn't/will not happen.

It was unwise to extend the uncertainty but that's not a guarantee that it won't happen as as been proved true

Sanctioned_Parts_List

AG47 wrote: »

they don't want it falling through the floor after the brexit fallout.

I do. I'd love it.

I'm paid in dollars.

AG47

Sanctioned_Parts_List wrote: »

I do. I'd love it.

I'm paid in dollars.

The usd could also fall along way. The debts are unsustainable and other countries are ba downing the usd in droves with bilateral trade agreements that leave the dollar out of it

Sanctioned_Parts_List

... wait, you're not one of those global crash theorists, are you?

AnotherJoe

AG47 wrote: »

The usd could also fall along way. The debts are unsustainable and other countries are ba downing the usd in droves with bilateral trade agreements that leave the dollar out of it

If the USD falls then that means the Pound doesn't in which case under your scenario interest rates won't need to rise to keep the Pound high.
Try to make your economic theories at least vaguely self consistent.

AG47

AnotherJoe wrote: »

If the USD falls then that means the Pound doesn't in which case under your scenario interest rates won't need to rise to keep the Pound high.
Try to make your economic theories at least vaguely self consistent.

All currencies are ins race to the bottom.

Only gold and silver will win

phillw

AG47 wrote: »

All currencies are ins race to the bottom.

A never ending relay race.

AG47 wrote: »

Only gold and silver will win

Do you watch the walking dead? How much gold and silver do you think they need? In that scenario guns (and the will to use them) would seem be a pretty good currency.

AnotherJoe

AG47 wrote: »

All currencies are in a race to the bottom.

Only gold and silver will win

Hang on, now its a race to the bottom? Not rising currencies?

You cant even keep your story straight from one post to the next.

51mm5

It’s almost pointless trying to debate with any of these crashists as they often do these driveby posts that are never backed up when challenged or move the goalposts.

lisyloo

51mm5 wrote: »

It’s almost pointless trying to debate with any of these crashists as they often do these driveby posts that are never backed up when challenged or move the goalposts.

Stop doing it then?
The dB thread has dropped so if the crashists are ignored, their threads will drop down to oblivion.