With a capital structure beaten to a pulp by pandemic restrictions and climate change goals whose objective is to murder immensely profitable industries, it’s quite likely that supply and demand imbalances are anything but temporary. About the only thing you can be certain of is that the arsonists at the central banks will keep stocking up on gasoline.
Lane’s speech is an attempt to brush off worries about faster inflation that could prompt Canadians and investors to anticipate an accelerated exit from emergency monetary policy settings. Annual inflation in Canada already hit 3.4 per cent in April,…
it’s been noted that some pension funds are now investing in non-commercial real estate, and buying up homes….
I noticed that the Spawn – Butts – Ragmeet basic dictatorship has killed all future thermal coal proposals as their Chicom bosses have decided that climate change is a good rationale for the idiot Canadian populace to consent to saving it all for them while feeling good about saving the planet as they continue impoverishing and enslaving their future generations.
The truth is, EVERYTHING is “temporary”. Why even the 100 trillion dollar bills that were issued in Zimbabwe in 2009 was “temporary”. So were the Deutsche Marks in the early 1920’s.
My Zimbabwe money does actually have value…
It’s gold plated.
Pretty cool looking stuff in the case it comes in.
The hedge against the coming greenback collapse is to hold some physical gold and silver.
Assuming this inflation isn’t temporary, what would be the best stocks to invest in?
Just about anything in the oil patch if your time horizon is under 2 years and just about any large producing Gold / Silver miner if you want low risk and moderate returns with the smaller the miner the higher risk and reward remembering that in the juniors, 90% will be junk over time.
My advice is equal to what you paid to get it.
Gun stocks.
In Zimbabwe people hedged against inflation by investing in stocks that were traded both in London and Harare.
So invest in foreign stocks—if you’re an optimist and think it can only get as bad as Zimbabwe.
Delusions of Adequacy.
Once you identify it,you see it everywhere.
Especially in “Government Sanctioned Experts”.
Income tax was temporary 104 years ago.
The GST was temporary in 1991,just until the “Debt” is paid off.
Our rights,freedoms and civilization was cast aside two Marches ago,for a “Temporary Medical Emergency”.
This “Banker” pretends a country cannot go broke,paid by our Politicians to say such nonsense..
And of course it will just be “Temporary inflation as you wheel up the Billions of Justine Bucks a loaf of bread will cost you.
Naturally the reasons other countries did these things and then failed,is that the people doing that Borrowing your way to wealth” over there,were not as smart as our people borrowing their way to a balanced budget..
The interglacial period between ice ages is relatively temporary.
Dude is an idiot-stick with lips.
There is huge government debt.
(Chrythia the idiot even stated) there is hoarding.
Lots of money in circulation despite what the purple nurrple said.
There are shortages.
Trade unions – think Manitoba nurses – want more.
And population growth. When Canada went from 36 to 37 million it was the fastest gain of tha many people in history. We are now at 38 and if it didn’t faster sooner that’s only becasue of Wuhan.