Jump to content
House Price Crash Forum
Sign in to follow this  
FrozenOut

Major Rubbishes Rpi Cpi

Recommended Posts

Very interesting to hear him speak. Talking about things as they are. Well worth trying to catch on I-Player if you can.

He is right about quite alot is old Johnny.

Share this post


Link to post
Share on other sites
Mr Marr just said "house prices to fall quite sharply, I think everyone accepts that now"

Except David Smith on his blog, he thinks something is going on with the figures.

"The FT house price index, compiled by Acadametrics, continues to provide an oasis of calm when set against the Halifax and Nationwide numbers. It showed a drop of 0.6% last month but a rise of 1.2% compared with a year earlier. Prices are slipping rather than crashing. The lenders' data started falling very sharply four months ago, and might have been expected to feed through to this, the broadest index, by now, so something is going on."

Share this post


Link to post
Share on other sites
Inflation is more like 8-10% ......... :lol:

He should know, he was a Chancellor & Prime Minister and presided over high inflation AND a recession, stagflation if you like.

Share this post


Link to post
Share on other sites
He should know, he was a Chancellor & Prime Minister and presided over high inflation AND a recession, stagflation if you like.

And he went to a comprehensive school and he shagged Edwina Curry ( better keep quite about that)

Share this post


Link to post
Share on other sites
Except David Smith on his blog, he thinks something is going on with the figures.

"The FT house price index, compiled by Acadametrics, continues to provide an oasis of calm when set against the Halifax and Nationwide numbers. It showed a drop of 0.6% last month but a rise of 1.2% compared with a year earlier. Prices are slipping rather than crashing. The lenders' data started falling very sharply four months ago, and might have been expected to feed through to this, the broadest index, by now, so something is going on."

You could rework Bob Dylan's 'Ballad of a thin man' for him - 'Ballad of a thick man'

'Something is happening here

But you don't know what it is

Do you, Mr Smith?'

Share this post


Link to post
Share on other sites

Just seen this - thanks for tip. Major was quite good on RPI and CPI - saying that inflation for real people (average incomes) was around 8-10% and that the CPI was essentially meaningless. He also savaged the unemployment figures, though wasn't drawn on a 'real' figure for this. Otherwise, I thought he was a bit optimistic and didn't seem to understand the Fannie/Freddie meltdown. Otherwise, he tried to claim too much credit for the good' part of the boom for his own Government in my view. So, nice bear breakfast, but I'm in search of a proper roast with all the trimmings for lunch on Moneyweek...

Two afterthoughts: (1) is it just me, or aren't the two women on the couch complete retards? Ok, one is just a nasty DM-type, praising Cameron for being ethical etc. But the other was a complete idiot, with a level of analysis of the local hairdresser, eg on the gay Bishop story. Is there no end to the feminisation of the media/TV that finding two journalists who can speak in words of more than one syllable would be 'talking-down' to the viewers? (2) Thatcher will have a state funeral: well, I for one will be in the street with an air-horn if they ask us to have a minute's silence for that woman.

Share this post


Link to post
Share on other sites
Guest Mr Parry
Just seen this - thanks for tip. Major was quite good on RPI and CPI - saying that inflation for real people (average incomes) was around 8-10% and that the CPI was essentially meaningless. He also savaged the unemployment figures, though wasn't drawn on a 'real' figure for this. Otherwise, I thought he was a bit optimistic and didn't seem to understand the Fannie/Freddie meltdown. Otherwise, he tried to claim too much credit for the good' part of the boom for his own Government in my view. So, nice bear breakfast, but I'm in search of a proper roast with all the trimmings for lunch on Moneyweek...

Two afterthoughts: (1) is it just me, or aren't the two women on the couch complete retards? Ok, one is just a nasty DM-type, praising Cameron for being ethical etc. But the other was a complete idiot, with a level of analysis of the local hairdresser, eg on the gay Bishop story. Is there no end to the feminisation of the media/TV that finding two journalists who can speak in words of more than one syllable would be 'talking-down' to the viewers? (2) Thatcher will have a state funeral: well, I for one will be in the street with an air-horn if they ask us to have a minute's silence for that woman.

Rockin' funny . . . . more!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 399 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.