The government had printed $450 billion dollars just in two years and it was being funneled through banks and financial institutions as loans and mortgages rocketing the price of housing, stocks, etc.
People got CERB checks. A certain amount of stimulus was undoubtedly needed during pandemic but the amount of money printed was massive, much of it going to projects that had nothing to do with covid
One in five Canadian dollars in circulation today did not exist in 2019. What we will see in Canada in the next few years is a fight for those dollars.
The Trudeau ver.1 inflation of the 1970s is back in 2022 with Trudeau ver.2. People lost their homes then and they will again today. You'd think he'd have learned something from his father's mistakes.
The NDP-Liberal gov't won't reduce gov't spending or lay off public sector employees. And neither will any of the provinces. Time to CUT in all public sector spending and lots of unproductive staffs.
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发表于 2022-6-23 20:24:26
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