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No sign of these repos in my areas, who's secretly buying them up? TLB

Moneysupermarket probably wish to bring more eyeballs to their site, but there is some truth in this. They are sacrificing the prudent savers for the sake of the maxxed out brigade. TLB http://www.timesonline.co.uk/tol/money/savings/article7021624.ece

Well, naturally I wish I'd bought PMs when they were near their lows. Right now, I'm not so brave. King looking to hide behind that supposed excuse to keep rates low and inflate property prices more? Seems so. TLB

Hold on - it's just been suggested by "experts" that this means no interest rate rises for a long time... That explains the supposed candour from The King and Ministry of Excuses to screw the savers for longer.

No more QE or SLS for now under those names. What's he calling it now? Secretquids?

So far it's looking like what happened last time: "recovery in 6 months, recovery in 6 months..." for several years. What's worse this time is the recklessness of the QE and stealing from savers to prop up the liars and idiots.

BBC link to follow, DM for now: http://www.dailymail.co.uk/news/article-1249866/Bank-England-warns-recovery-recession-slower-forecast.html Governor Mervyn King said the forecast for recovery was now worse than it had been three months ago. Of course, he said this before in May 2009. http://news.bbc.co.uk/1/hi/business/8047593.stm

Nationalist - I do not necessarily agree with the other views on your blog, but I find it hard to dismiss this notion:

Yeah, they will then start talking about it as if it was always in the dictionary or they invented the word. We should really plant a completely false premise on HPC and see how quickly the media mentions it as fact; something like the gold to clingfilm ratio suggests a stagnation in 10-year-gilts, etc. (A quick crawl of Google shows the word I thought we had jointly invented has been used on HPC many times! Multiflation! http://www.google.co.uk/search?hl=en&q=multiflation&btnG=Search&meta=&aq=f&oq= )

Fair enough, and I did just type "multi-flation" in the post before and then corrected myself as it is as you say equally meaningless.

What the reason for a price action is does not concern me, the effect is the same, bi-flation is a good shorthand word for it. But, that was an interesting deeper analysis from you.

Thanks for the summary. Are we in deflation or bi-flation? Look at the price of used cars (see off-topic), food and other essentials. My view is there should have been no QE, no manipulation at all. Manipulation makes it worse and longer.

Thanks, I thought I recognised him. If he had a go at the man who said Brown should keep spending then I'd like to shake his hand, although I can't really get my head round how he could oppose both Stysh*ts and Halligan.

Some of the areas I am looking at record an increase of 0.2 and 0.5%, my own area where detached houses are snapped up like they're built of gold bullion shows no increase at all, so I am now lost to understand the situation except to guess that if the prices I see now are not rises then the prices here were even more ludicrous in 2007 than I realised! I only moved here a year ago, but my hunch is London exodus money is fuelling silly, silly valuations.