FIRST READING: Politicians refuse to stop doing the one thing that makes inflation worse

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One of the worst ways to fix an overheated economy is to constantly firehose more cash into it

Inflation, at its core, is a problem of too much money chasing too few goods

In Canada, the textbook example of runaway inflation was the Klondike Gold Rush. Prospectors were becoming millionaires overnight, and yet they were in a remote wilderness where basically every commodity had to be carried in by mountain pass. The result wasSome of the current inflation is due to the simple fact that there are legitimately fewer things to buy: Supply chain breakdowns are still prompting shortages that are leaving shelves bare and car lots empty.

Adding to the firepower was the fact that interest rates were kept rock-bottom. That resulted in a rush to take outBut Trudeau is certainly not alone in his attempts to tame a cash-heavy economy with even more cashin tax rebates, much of which will come in the form of extra $163 payments made through the B.C. Climate Action Tax Credit.

 

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The Kathleen Wynn strategy...

Judging by that picture, I’m guessing it’s squatting.

Don't include all politicians.

You mean Liberal politicians right

Exploiting those of us who can't see further than the tip of their own nose.

wef great reset... not incompetence or stupidity

replacing left wing Trudeau is next! Go Pierre!

Post Media -America

Handing out cash to Liberal voter blocs has worked out well for them in the past

Mr. Trudeau is intent on bankrupting the country before (hopefully) he is pushed out of power.

Spending gov’t $$

Newspapers refuse to be impartial and unbiased.

Justin will not to stop spending. He doesn’t care about what’s best for the country, he cares about keeping power above all else. That requires a lot of vote buying. Screw the consequences, the libs do not care. Like pouring gas on a fire.

still own your home eh Trudeau: let me help you with that

they refuse to tax the rich and make them pay their fair share? you talking about that cause i can't think of anything else they are not doing. smh. your tongues must be green from all the rich fluffing this paper does. smh. shameful.

“Oh? Housing is too expensive in a few ridings we need for re-election? Send money to people buying homes in those areas.” “EVs too expensive to people who vote for us? Send money to people buying EV’s!” “Need money to send? Tax it from the people who made better choices.”

Corporate tax cuts are inflationary. CEO bonuses are inflationary. Giving money to poor people is not inflationary.

No choice he’s in bed with Robin Hood

Justin never experienced financial hardship in his life so how the f u c k would he know anything about rough times?

Really makes you wonder what the Liberals are trying to do to Canada.

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