There was a recent article in the paper with the headline “Time to review property cooling measures” (Straits Times, July 4). The argument is that, if private home prices have been down; HDB flat prices have dropped; oversupply has worsened; rents have weakened; interest rates have risen; the real estate industry has shed jobs, it may be time for the government to review the cooling measures. Many people fail to see that the government can only do so much to cool or stimulate the property market. Afterall, it is an open market and there are many other factors that can lead to the continual boom or downturn of the market, such as supply and demand, economic outlook, market confidence, etc. I am re-reading James Rickards’s book The Death of Money: The Coming Collapse of the International Monetary System. Below are some new inspirations from this interesting ......