This fun is about to get real folks, stocks down, retirements gone, fuel up, food up, and its about to get far, far worse.. in less that 2 months
Hyperinflation is coming...
- Thread starter B00Mer
- Start date
Companies can't afford to ship.. it's almost 50% of companies are cutting back on shipments.. food, medical supplies, and so on.. which will increase prices more.
Good luck folks!! The shit is about to hit the fan..
Trudeau's handgun ban may have been calculated to what's coming.
Good luck folks!! The shit is about to hit the fan..
Trudeau's handgun ban may have been calculated to what's coming.
Do you have a stock pile of def ? It sounds like shortages are coming .
This week, Deputy Prime Minister Chrystia Freeland is reportedly set to unveil a $7 billion package intended to help address Canada’s historically high rates of inflation.
There’s just one problem: When it comes to curbing inflation, dumping yet another $7 billion into the economy is probably among the least advisable medicines.
apple.news
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.
On the eve of the COVID-19 pandemic, Canadian federal debt stood at $686 billion. That’s now ballooned to more than $1.1 trillion. Even after a sharp scale back in government spending for the 2022 budget, Canada is still spending well above pre-pandemic levels; this year’s $52.8 billion deficit represents $1,400 per Canadian in new debt.
While not every factor driving inflation is Ottawa’s fault, it shouldn’t be all that surprising if dumping billions in cash on top of an already overheated economy doesn’t have the curative effect they anticipate.
There’s just one problem: When it comes to curbing inflation, dumping yet another $7 billion into the economy is probably among the least advisable medicines.
FIRST READING: The Liberal plan to curb inflation with ... more inflation — National Post
Growing signs the Liberals are done with Trudeau
On the eve of the COVID-19 pandemic, Canadian federal debt stood at $686 billion. That’s now ballooned to more than $1.1 trillion. Even after a sharp scale back in government spending for the 2022 budget, Canada is still spending well above pre-pandemic levels; this year’s $52.8 billion deficit represents $1,400 per Canadian in new debt.
While not every factor driving inflation is Ottawa’s fault, it shouldn’t be all that surprising if dumping billions in cash on top of an already overheated economy doesn’t have the curative effect they anticipate.
But our deputy PM is a journalist and what do they know ?This week, Deputy Prime Minister Chrystia Freeland is reportedly set to unveil a $7 billion package intended to help address Canada’s historically high rates of inflation.
There’s just one problem: When it comes to curbing inflation, dumping yet another $7 billion into the economy is probably among the least advisable medicines.
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.FIRST READING: The Liberal plan to curb inflation with ... more inflation — National Post
Growing signs the Liberals are done with Trudeau
On the eve of the COVID-19 pandemic, Canadian federal debt stood at $686 billion. That’s now ballooned to more than $1.1 trillion. Even after a sharp scale back in government spending for the 2022 budget, Canada is still spending well above pre-pandemic levels; this year’s $52.8 billion deficit represents $1,400 per Canadian in new debt.
While not every factor driving inflation is Ottawa’s fault, it shouldn’t be all that surprising if dumping billions in cash on top of an already overheated economy doesn’t have the curative effect they anticipate.
The head bobbling is hypnotic.“Well, let me be perfectly clear…” & then a wandering statement follows that’s totally unrelated to your question.
Not surprising to me, Ron! Our illustrious P.M. was shovelling money out the back door in a wheelbarrow for two years and virtually none of it is being repaid. I think he should help folks out who are in genuine need through no fault of their own. Zero interest loans to be promptly repaid is a sensible solution.This week, Deputy Prime Minister Chrystia Freeland is reportedly set to unveil a $7 billion package intended to help address Canada’s historically high rates of inflation.
There’s just one problem: When it comes to curbing inflation, dumping yet another $7 billion into the economy is probably among the least advisable medicines.
Canadian inflation currently stands at 6.8 per cent. This means that the loonie is losing nearly seven cents of purchasing power every 12 months. For a Canadian earning a median income of $55,700 per year, that translates to an annual inflationary loss of $3,787.60.FIRST READING: The Liberal plan to curb inflation with ... more inflation — National Post
Growing signs the Liberals are done with Trudeau
On the eve of the COVID-19 pandemic, Canadian federal debt stood at $686 billion. That’s now ballooned to more than $1.1 trillion. Even after a sharp scale back in government spending for the 2022 budget, Canada is still spending well above pre-pandemic levels; this year’s $52.8 billion deficit represents $1,400 per Canadian in new debt.
While not every factor driving inflation is Ottawa’s fault, it shouldn’t be all that surprising if dumping billions in cash on top of an already overheated economy doesn’t have the curative effect they anticipate.
Same day….it’s going to be hot (mid 30s degrees Celsius) on the weekend so grabbing some stuff so we can BBQ & stay cool….& they where assembling these in the Wholesale Club in the meat dept:
No lock on it or sides to the cage yet…but they’re coming. This is the no name place where many of the restaurants shop. Sign of the economic times.
No lock on it or sides to the cage yet…but they’re coming. This is the no name place where many of the restaurants shop. Sign of the economic times.
