this post was submitted on 30 Mar 2025
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Canada

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[–] [email protected] 3 points 2 months ago (1 children)
[–] turnip -2 points 2 months ago* (last edited 2 months ago) (1 children)

Just please stop ruining Canada, as its been ruined the last decade for the poor. Have some sense, high housing prices won't trickle down to the poor.

https://rates.ca/resources/then-and-now-how-much-more-expensive-it-buy-home-2024-vs-1994

[–] [email protected] 3 points 2 months ago (1 children)
[–] turnip -2 points 2 months ago* (last edited 2 months ago)

Remember the Liberals plan to help:

-Bank of Canada QE causes inflation.

-Inflation causes temporary labor shortage, as predicted by the Phillips curve 

-Canada mass immigrates people to fill temporarily low unemployment, just as the Bank of Canada raises interest rates to reverse inflation and cool the job market.

-???