Comments on: Canada’s Central Bank Head Wrote A Bizarre Opinion Piece To Say He’s Nailing It

By: Dee

Dee — Fri, 06 Aug 2021 19:34:15 +0000

What would be great is if some other better-known economist (there are certainly many more than Biff) wrote a piece pointing out his failures.

In a way, we deserve it because we voted in these heartless people.

By: Dee

Dee — Fri, 06 Aug 2021 19:31:31 +0000

In reply to Rand Passmore. Hear! Hear!

By: Rand Passmore

Rand Passmore — Fri, 06 Aug 2021 07:22:59 +0000

In reply to Fazid. Tiff Macklem should resign or be fired.

By: Rand Passmore

Rand Passmore — Fri, 06 Aug 2021 07:21:44 +0000

In reply to Terrance Yu. Tiff Macklem should resign or be fired.

By: flipg

flipg — Thu, 05 Aug 2021 21:39:27 +0000

“The merger of the Corporation
And the State
Overflow the Rich Man’s plate.”

Thanks Tiff.

By: Marc Dubeous

Marc Dubeous — Thu, 05 Aug 2021 17:27:41 +0000

Not only is he a W@nker – so too are the wee W@anks who took his classes at U of T. This is who they learned from?

He isn’t off the charts – because that’s what an Academic does – Changes the measurement tool – not the data. LOL

By: D

Thu, 05 Aug 2021 05:21:34 +0000

In reply to Holton.

US figures:
Median household income 1990 – $30,000 ($60,000 in 2020 dollars)
Median household income 2020 – $68,400

They won’t ever raise wages fast enough because it will collapse the system if we get more than 100 basis point raise every year in median income. The system is design to make people poorer and the rich richer.

– D

By: D

Thu, 05 Aug 2021 03:47:34 +0000

They never mention other forms of inflation like shrinkflation. Your food packages remain the same size but they add in extra air and less food, example your cereal boxes tipping over because it weights less. Another form of inflation is using cheaper material in your food/product. This explains why despite food package weights are decreasing, Canadians seem to be getting fatter and fatter. They stuff food with all sorts of chemicals, sugars, and salt at the determinant of our health. Every central banker is a criminal and certain crazy things should be done to them [in minecraft].

– D

By: Bob Walter

Bob Walter — Thu, 05 Aug 2021 02:38:44 +0000

If I could print my own dollars I’d be smug about it too. Too bad its a crime when I do it.

By: Holton

Holton — Thu, 05 Aug 2021 02:36:30 +0000

Macky should have listened to me before. Use inflation to combat real estate unaffordablilty. Keep a lid on real estate price p growth in Toronto and Vancouver. Let the excess capital burden (there is no practical way to recall all the magic money at this point) be shared by other cities. Keep rates low and spur a wage competition for workers when the recovery begin, this way wages will increase faster than housing. 10 years down the road inflation will even things out. Cost might cost 150% but if wages go up by 200% problem solved.

This takes guts and skills, hence we can expect this strategy will be avoided if possible.