Higher Interest Rates Are The Result of Federal Voters and FISCAL Policy: The Bank of Canada Rewards An Incompetent Justin Trudeau and The Voters Who Support This Government, Holds Rates at 5% – September 7, 2023
The media typically will NOT tell it’s readers that voting patterns lead to higher interest rates, in fear readership will decline. Truth hurts and most people who never read a book about why Socrates was SKEPTICAL about Democracy, assume that Political Democracy in ANY FORM is perfect, when the evidence suggests otherwise.
One of the strategies of Leftist Politicians has always been to dilute the population that built the country, in hopes that the newly arrived immigrants will do whatever the State wants. If as an example you’re grateful to the LIBERAL PARTY OF CANADA for being a Canadian, by devote you might vote for the Liberals and come to the conclusion that economic and financial downturns are merely random events and have nothing to do with VOTING patterns combined with fiscal policy.
From a financial and economic standpoint, everything Justin Trudeau touches, all of the rules and regulations he adds onto the Canadian economy have resulted in NEGATIVE cashflow for the Canadian government.
If we were on a Gold Standard and Trudeau was reliant on the private sector to loan his government money, first and foremost his creditors would demand his government be run with more efficiency.
Secondly because Justin can pay his bills without increasing the deficit his creditors would also demand a higher rate of interest as the Canadian economy would be consider extremely risky.
Approve/Disapprove of Prime Minister Justin Trudeau | angusreid.org
The current international monetary world order, rewards countries like Canada, as our currency is CURRENTLY considered one of the worlds reserve currencies, but in case you’re not paying attention the DOMESTIC value of the Lonnie is losing it’s value at a rapid pace.
I often like to remind Canadians that our HOUSING market is a preview of the future purchasing power of the Canadian dollar. No matter how high interest rates get, it appears the Canadian housing market continues to make new highs.
This is obviously because of the government LEVERS in place to make sure the housing market doesn’t decline, because in case you’re not aware in Canada if the housing market crashes(homeowners start missing mortgage payments) the Canadian tax payer is on the hook.
Based on my analysis of the Canadian voter, they will gladly pay to CONTINUE subsidizing this housing market, and they’d BETTER pay because as Canada’s manufacturing sector continues to shrink the FOREIGN EXCHANGE value of the Canadian dollar is of the outmost importance.
Gold Standard = Economic and financial deflation, Fiat Monetary Standard = Economic Deflation, and Price Inflation
Under a gold standard, an economic collapse and financial collapse mirror each other. As an example during the great depression in the United States, prices for al things CAME DOWN, when the economy deflated, because at the time America was on a gold standard, thereby limiting the Federal Governments ability to borrow money.
However during that very same time period, in Germany they had a FIAT monetary system, similar to what we have now in Canada, so when the great depression hit Germany, prices didn’t decline prices went up as their currency became WORTH-LESS in the private sector and the foreign exchange markets.
In this modern era, the Bank of Canada, for the most part has to play a balancing act with the Foreign Exchange Markets(Forex Markets) and the Federal Fiscal spending, which in many ways interferes with the democratic process.
In reality the Bank of Canada, should care about politics, because you have to remember that our central banking system is supposed to mirror the free market with a touch of Keynesian economics in case things go really bad. But that’s not how things are in the western world.
Whether it’s Canada, the U.S. or the European Union, central bankers are now OVERTLY political especially now that it’s become POPULAR via Libertarians to blame the central bank for everything.
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I’ve always thought of it as LAZY for the Libertarian’s to blame central bankers when Libertarians know that the problem is DEMOCRACY, the reason Libertarians went on their central banking bashing spree is because the LEFTISTS have ALWAYS been VIOLENT when confronted with the truth.
Many will have you believe that Leftists only became destructive RECENTLY, this is complete nonsense, the name of the game for left wingers is to be VIOLENT.
One of the reasons capitalists would often take a step back when the Communists and Fascists fought against each other is because at the very least the fascists comprehended the need for a market economy, whereas the Communists and the Democratic socialists imagine that the government is better suited to handle the economy.
Well, in the modern era, the communists and the fascists have merged together as one, which is one of the reasons the Chinese Communist Party appears to be ahead of the game in that they’ve taken from both the Fascists and the Communists and rebuilt China, to be far more EFFECIENT than Progressives, Liberals and Leftists in the Western World.
When Justin Trudeau listed his reasoning for admiring China’s basic dictatorship, he made the error of assuming, that it was all about turning their economy on a dime to do whatever the state demanded of the people.
The Chinese Communist Party(CPP) is more than just that, the CCP does not seek to force Far Left gender ideologies in schools, the CCP is focused on owning and CONTROLING the means of production and not making itself 100% reliant on it’s fiat currency.
The CCP puts China’s ECONOMIC interests first and it’s one of the reasons why it’s able to maintain power, because truth be told the people of China could rebel if they want to and will rebel if things get too bad. By the way rebellion doesn’t always include war, it could include refusing to work.
In Canada, the Federal government has disincentivized working for a lot of Canadians, and you’re disincentivizing working hard when the currency is being DEBASED, which is what Justin Trudeau’s fiscal policies are doing.
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Furthermore China doesn’t have a welfare state, whereas with Canada, with every passing year, more and more Canadians are retiring, now in my opinion, that’s what this assisted suicide is all about, it’s ultimately about saving the government money.
It’s not like all of the people in the Left aren’t aware of the instability of the Canadian economy, a lot of Canadians know exactly what’s going on, but a lot more Canadians HAVEN’T A CLUE.
This is why IN MY OPINION, the government levers of control are moving towards solving inevitable problems that the Federal Government will only be able to pay for by debasing the Loonie.
If you’re not following me here, homelessness in Canada is on the rise for a reason and it will likely get worse in the future without austerity measures, which would also have to include a change in voting patterns.
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In the meantime, if though the bank of Canada is subsidizing the Trudeau regime by holding interest rates steady, the popular chant from the Canadian voting public is to lower interest rates so Justin Trudeau can continue to bankrupt the nation with his bad fiscal policies.
Interesting times ahead