turnip

You assume they actually want to fix it. Trudeau has said himself that housing needs to retain its value. Carney is a central banker, he has never cared about home prices either; low interest rates are created to juice money supply growth to the wealth effect and aggregate demand. Sean Fraser is back too.

I got banned for being "anti-immigration" during a housing crisis in my country. Its ridiculous to pretend additional demand doesnt raise prices, its become like a 1984 Newspeak and gaslighting.

Its a really weird place during elections, they've basically banned anyone with the opposing view on enough issues that its a full blown echo chamber. People then go crazy during elections trying to get their guy to win and the echo chamber grows exponentially.

If the US is following Project 2025 that means they really will have 3% cap on money supply growth?

The goal on the tariffs is really to erode foreign tariffs and allow unadulterated actual free trade between countries?

I read it and those two stood out to me the most.

Weird they dislike the ECB and the European Union, they give us bangers like bank bail-ins and CBDC, to deal with their strangulation of productivity investment and diminishing living standards.

To demonstrate my skepticism towards the Europeans’ ability to leave behind their zombie banking system, unmarketable debt, and complete dependence on suppressing price discovery - consider the following policy reactions orchestrated by the European Central Bank (ECB) since the 2008-09 crisis:

• European Financial Stability Facility (EFSF)

• European Financial Stabilisation Mechanism (EFSM)

• European Stability Mechanism (ESM)

• Outright Monetary Transactions (OMT)

• Long Term Refinancing Operation (LTRO)

• Long Term Refinancing Operation II (LTRO)

• Long Term Refinancing Operation III (LTRO)

• Tripartite Committee consisting of ECB, IMF, EC agreement (TROIKA)

• Forced austerity and bailouts of Portugal, Ireland, Italy, Greece, Spain

• Activation of FED USD Swap Lines

• Asset Purchase Program (APP)

• Corporate sector purchase programme (CSPP)

• Public sector purchase programme (PSPP)

• Asset-backed securities purchase programme (ABSPP)

• Covered Bond Purchase Programme (CBPP)

• Covered Bond Purchase Programme II (CBPP)

• Covered Bond Purchase Programme III (CBPP)

• Pandemic Emergency Purchase Programme (PEPP)

• Quantitative Easing (QE)

• Zero Interest Rate Policy (ZIRP)

• Negative Interest Rate Policy (NIRP

etc..

The law of rent.

You guys arent running your software off raspberry pi's with sdcards from the gas station?

My allowance is 5$ a month!

Weird what happens when 40% of the currency was printed in the last few years.

Are we blaming the government who control interest rates, gamify the CPI to depress inflation, and who control the corresponding new money supply that drives up the price of basic goods?

If housing, gold, and crypto are any indication people have far too much money than they know what to do with. You'd have to be a fool to not accumulate some cantillon effect for yourself when you're government is throwing money away.

The system of insurance clearly raises prices to some euclidean point where its optimizing profits versus killing customers. How do you blame CEO instead of the government, who control the insurance company regulation, the hospitals, and the money printer?

If you're expecting the good hearts of the average CEO to prevent harm to your society you're a fewel.