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It's a world wide problem right now. Canada's monetary policy has had to tighten for the same reasons.
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While I sympathize with the world, the problem is the stupidity and arrogance of the current U.S. government, and the incredible harm that they continue to cause. The fact that Trudeau and his clowns are doing the same thing, while sad, is a problem for Canadians to discuss and resolve. And I wish them luck.
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Alan Roehrich 212A G/S |
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#3 | |
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#4 | |
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Utterly wrong. It is current government policy driving inflation, period. Without question. The best reason to study history is that you can find the the stupid ideas currently in vogue today have already been tried, and failed miserably. History teaches us that government spending drives inflation. Not interest rates. The government has literally poured a couple of trillion dollars on the inflation fire in the last two years, and inflation has gotten substantially worse, every time. In fact, until the government poured money into the economy, inflation was relatively low. But they decided to spend trillions, increase the debt, and wreck the fossil fuel production, increasing the cost of fuel and energy more than 75%, and driving the cost of transportation of goods to double. Further, EVERY tax increase in corporations immediately results in an increase in prices paid by the end consumer of the goods and services, as corporations view taxes as a cost of doing business, added to the product. The current congress and current administration have done nothing but drive inflation higher. They plan to continue to do so, there's even more spending being proposed right now, including billions of dollars in "loan forgiveness". Oh, and I use my real name. If you wish to discuss this further, have the integrity and temerity to put your real full name on what you say, or don't waste the band width.
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Alan Roehrich 212A G/S |
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#5 |
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I'm sorry, I guess my background in accounting and economics was totally a waste. I'm not arguing with you, just giving my point of view. If I find it warranted to use my name I will, just like instances in the past. Right now I'm just discussing, not picking a fight but carry on should you feel it necessary. I apologize if I touched a nerve, not my intention. Better here in North America than Russia at the moment.
Last edited by Superpro; 09-23-2022 at 03:43 PM. |
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#6 |
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You didn't touch any nerve. Especially since you don't even bother to stand behind your opinions with your actual name. There's zero value to an anonymous opinion, the person offering it does not even bother to claim it.
Accounting doesn't matter. It has zero to do with economic policy as implemented by the government. Economics and accounting are two entirely different disciplines. And any background in economics should teach you better. The economic principles that I'm quoting, and putting my name behind, are those of two world renowned economic experts, Nobel prize laureates, from when the Nobel prize had value, Hoover Institute senior fellows, and economic advisers to administrations with clear success records in economic performance. They're also award winning historians. Sowell and Friedman themselves are legendary, and Laffer has a proven record, and is the creator of the proven "Laffer Curve".
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Alan Roehrich 212A G/S |
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#7 | |
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I've been "schooled" thank you Alan! Last edited by Superpro; 09-23-2022 at 08:04 PM. |
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#8 | |
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#9 | |
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I don't understand why expressing one's opinion causes such distress and anger by people. I suggest you go and have some of that weed that True Dough so legally provided you. I'm sure Nova Scotia is progressive enough that they have a Cannabis store right around your corner. But before you do that, please maintain your BALANCE when you stand. Wonder no more! P.S. Did you have children? If so, are they one of the "young or stupid" you refer to earlier? No matter, I'm sure you did a fine job because sometimes Old and Stupid begets Young or Stupid. Last edited by Superpro; 09-24-2022 at 10:10 AM. |
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Canada`s financial health is certainly NOT being helped the having an idiot, trust fund, substitute drama teacher at the helm of our country. The only reason that POS ever got in was because there were so many potheads that voted for him, simply because he legalized marijuana, and so many people were too young or stupid, to realize how badly his daddy fragmented the country, and screwed things up. Little Justin is following in Pierres footsteps. And we Canadians are suffering for it.
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NHRA 6390 STK M/S 85 Mustang Last edited by Rory McNeil; 09-23-2022 at 10:03 PM. |
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