Things You Won’t See On The CBC

3 Replies to “Things You Won’t See On The CBC”

1. The only cause of actual inflation (rather than small, temporary local forms of inflation) is printing money.

   It creates more tokens representing the same underlying wealth. By putting these tokens in the hands of a few, they are likely to spend it which stimulates the economy for a time. That said, those who worked for their money and prudently saved it for their retirement have their savings inflated away. And the cost of everything rises as more credits now exist for the same number of goods and services.

   When thieves rob a bank, they are likely to spend it which stimulates the economy for a time.

   The only real difference between these two scenarios is that the former hide their criminal actions through big words and convoluted systems. But at their core, they are the same.

   Though at least bank robbers don’t pretend they are honest, and certainly not noble. Sadly most people are purposely not educated about the money system, and the people behind the curtain do everything in their power to make sure we never learn.

   1. Good explanation. I agree.

      Justin’s daddy did the same. Tripled the money supply between 1973 and 1976.
      Via the “fractional reserve system”!

2. I guess Liberal racist homeowners figure this is all great.

   But who besides Chinese fentanyl dealers can keep paying these house prices?

   Corporations want to swoop in and everyone can rent a house from them, but are they going to pay top dollar?

   Printing money benefits no one in the long run, it’s a good thing for the Liberal racist politicians that the people that live in this place have short memories and are stupid.