Canada is disgusting
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Canada keeps taking one blow after another right on the chin. It's a hot mess.
https://www.politico.com/news/2024/0...tions-00162163
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Trudeau had a recent revelation in response to some people asking him to spend more government money. Trudeau said, and I quote: "every time you spend more money that the government does not have, it causes inflation to go up exactly that amount."
Why didn't I think of that? Oh, I did. copier addict, your thoughts?
See video:
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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Trudeau had a recent revelation in response to some people asking him to spend more government money. Trudeau said, and I quote: "every time you spend more money that the government does not have, it causes inflation to go up exactly that amount."
Why didn't I think of that? Oh, I did. copier addict, your thoughts?
See video:
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This is from the International Monetary Fund.
What creates inflation?
Long-lasting episodes of high inflation are often the result of lax monetary policy. If the money supply grows too big relative to the size of an economy, the unit value of the currency diminishes; in other words, its purchasing power falls and prices rise. This relationship between the money supply and the size of the economy is called the quantity theory of money and is one of the oldest hypotheses in economics.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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I've never claimed government spending wasn't a contributing factor to increased inflation, Skippy. Unlike you and your black or white conservative brain, I understand there are many things that contribute to the inflation rate. But it is fun watching you become blindly emotional about this. LolComment
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I've never claimed government spending wasn't a contributing factor to increased inflation, Skippy. Unlike you and your black or white conservative brain, I understand there are many things that contribute to the inflation rate. But it is fun watching you become blindly emotional about this. Lol
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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What causes inflation?- Demand-pull. The most common cause for a rise in prices is when more buyers want a product or service than the seller has available. ...
- Cost-push. Sometimes prices rise because costs go up on the supply side of the equation. ...
- Increased money supply. ...
- Devaluation. ...
- Rising wages. ...
- Monetary and fiscal policies.
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What causes inflation?- Demand-pull. The most common cause for a rise in prices is when more buyers want a product or service than the seller has available. ...
- Cost-push. Sometimes prices rise because costs go up on the supply side of the equation. ...
- Increased money supply. ...
- Devaluation. ...
- Rising wages. ...
- Monetary and fiscal policies.
https://www.businessinsider.com/pers...uses-inflationAdversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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I simply posted an article that shows inflation is more complicated than your black or white conservative brain is able to understand.Comment
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What did both Trudeau and Biden do around the time that inflation went nuts? Oh, they both spent massive amounts of government money. The facts speak for themselves. Carry on defending liberals from blame. That's what you do.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.Comment
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