Where are currencies headed?

[the big wheel]

Is there such a thing as a capitalist?

CN looking for government money for its oil pucks. ...

Bombardier always getting government money.....

Churchill rail line just got 100 million...

Ports at West coast got 300 million. ..

Yup real capitalists....for sure...

They're capitalizing on the fact that us duntzes don't have any balls to say anything about it. Hahahaha

[perfecho]

Privatize profit.....socialize losses.....the corps are great at this!

[TOM4CWB]

AlbertaFarmer5;
Isn't 'Quantitative easing'... Socialism in Debt manadement[= Self-Sovereignty]???

Bad Debt... bought by central banks and US fed... THAT WILL NEVER BE REPAID. Japan did it.
China did it... and still is.
EU did it... and still is... plus has negative interest rates.
US did it for 10 years... now at risk of going back negative...
GM, Bombardier, many others got bailed out... Banks biggest gainers... assets all a result of quantitative easing... never to repay any of the bad debt from 2008...

The $100 Trillion... in global money supply... added in the past 10 years... by central banks... is sovereign debt... thin air currency[Quantitative easing]... with exactly WHO.. to repay it [is it owed] too???
NO ONE... OR WHAT DID I MISS???
What does 'TOO BIG TO FAIL ' ... MEAN... REALLY???

As much as I disagree with every other misguided idea of the socialists, this is one I would support. Let them have their way once, redistribute every last asset and currency, eliminate all debt, then let capitalism do what it does best. I'm afraid that the socialists will be very disappointed with the results, and the ambitious will very pleased, net effect on the world economy will be positive. I would be fine with starting out from a level playing field without the burdens we currently toil under.

[TOM4CWB]

Wikipedia;
'Process[edit]
See also: Monetary policy
Standard central bank monetary policies are usually enacted by buying or selling government bonds on the open market to reach a desired target for the interbank interest rate. However, if a recession or depression continues even when a central bank has lowered interest rates to nearly zero, the central bank can no longer lower interest rates, a situation known as the liquidity trap. The central bank may then implement quantitative easing by buying financial assets without reference to interest rates. This policy is sometimes described as a last resort to stimulate the economy.[1][2]

A central bank enacts quantitative easing by purchasing—regardless of interest rates—a predetermined quantity of bonds or other financial assets on financial markets from private financial institutions.[3][4] This action increases the excess reserves that banks hold. The goal of this policy is to ease financial conditions and facilitate an expansion of private bank lending.

The Dutch Central Bank itself sees QE as being a money creation operation:[5]

The Eurosystem directly injects money into the economy by purchasing the bonds with newly created electronic cash. This is called quantitative easing.

Quantitative easing is supposed to stimulate the economy through five main channels:

Credit channel: by providing liquidity in the banking sector, QE is supposed to make it easier and cheaper for banks to extend loans to companies and households, thus stimulating credit growth. Additionally, if the central bank also purchases financial instruments that are riskier than government bonds (such as corporate bonds or ABS), it can also lower the interest yield of those assets (as those assets are more scarce in the market, and thus their prices go up correspondingly).
Portfolio rebalancing: by doing QE, the central bank withdraws an important part of the safe assets from the market onto its own balance sheet, which may result in private investors turning to other market segments. By lack of government bonds, investors are forced to "rebalance their portfolios." Additionally, if the central bank also purchases financial instruments that are riskier than government bonds, it can also lower the interest yield of those assets (as those assets are more scarce in the market, and thus their prices go up correspondingly).[6]
Exchange rate: because it increases the money supply, QE tends to depreciate a country's exchange rates relative to other currencies, through the mechanism of the interest rate. Lower interest rates lead to a capital outflow from a country, thereby reducing foreign demand for a country's money, leading to a weaker currency. This feature of QE directly benefits exporters living in the country performing QE
Fiscal effect: by lowering yields on sovereign bonds, QE is making it cheaper for governments to borrow on financial markets, which may empower the government to provide fiscal stimulus to the economy. Quantitative easing is best viewed as a debt refinancing operation of the "consolidated government" (the government including the central bank), whereby the consolidated government, via the central bank, retires government debt securities and refinances them into central bank money (reserves).
Signal effect: some economists argue that QE's main impact is due to its communication effect on the market. For instance, some observed that most of the effect of QE in the Eurozone on bond yields happened between the date of the announcement of QE and the actual start of the purchases by the ECB.'

So... if all countries use QE... no depreciation of currency???
Canada did not use QE... what did this get us???
A higher exchange rate vs US and EU... killing primary producers???

AlbertaFarmer5;
Isn't 'Quantitative easing'... Socialism in Debt manadement[= Self-Sovereignty]???

Bad Debt... bought by central banks and US fed... THAT WILL NEVER BE REPAID. Japan did it.
China did it... and still is.
EU did it... and still is... plus has negative interest rates.
US did it for 10 years... now at risk of going back negative...
GM, Bombardier, many others got bailed out... Banks biggest gainers... assets all a result of quantitative easing... never to repay any of the bad debt from 2008...

The $100 Trillion... in global money supply... added in the past 10 years... by central banks... is sovereign debt... thin air currency[Quantitative easing]... with exactly WHO.. to repay it [is it owed] too???
NO ONE... OR WHAT DID I MISS???
What does 'TOO BIG TO FAIL ' ... MEAN... REALLY???

[bucket]

AlbertaFarmer5;
Isn't 'Quantitative easing'... Socialism in Debt manadement[= Self-Sovereignty]???

Bad Debt... bought by central banks and US fed... THAT WILL NEVER BE REPAID. Japan did it.
China did it... and still is.
EU did it... and still is... plus has negative interest rates.
US did it for 10 years... now at risk of going back negative...
GM, Bombardier, many others got bailed out... Banks biggest gainers... assets all a result of quantitative easing... never to repay any of the bad debt from 2008...

The $100 Trillion... in global money supply... added in the past 10 years... by central banks... is sovereign debt... thin air currency[Quantitative easing]... with exactly WHO.. to repay it [is it owed] too???
NO ONE... OR WHAT DID I MISS???
What does 'TOO BIG TO FAIL ' ... MEAN... REALLY???

TOM4SEEDTAX

And now the seed industry is trying to do it as well....

They sent the losses in the flax industry to the primary producers....

So they set a precedent and will keep doing it by lobbying the dummies at agcanada...

[TOM4CWB]

Bucket,
Your seeming lack of comprehension of the facts..reminds...

The Chinese lack of respect for intellectual property rights...[and financial manipulation of currencies]
Triggers a sort of parallel situation with seed genetics here in Canada...

All seems on the level of the lack of respect for our grandchildren's futures...

Most Likely being eroded by our global 'quantitative easing'... that punts financial [and intellectual property rights issues as well] problems... into the future... a few years... or a decade['s]... hard to know...
Cheers,
Happy New Year

TOM4SEEDTAX

And now the seed industry is trying to do it as well....

They sent the losses in the flax industry to the primary producers....

So they set a precedent and will keep doing it by lobbying the dummies at agcanada...

[bucket]

Bucket,
Your seeming lack of comprehension of the facts..reminds...

The Chinese lack of respect for intellectual property rights...[and financial manipulation of currencies]
Triggers a sort of parallel situation with seed genetics here in Canada...

All seems on the level of the lack of respect for our grandchildren's futures...

Most Likely being eroded by our global 'quantitative easing'... that punts financial [and intellectual property rights issues as well] problems... into the future... a few years... or a decade['s]... hard to know...
Cheers,
Happy New Year

You are right I don't know much.....those crafty capitalist billionaires moved their manufacturing to China and now are wondering why they are being out done.....


Every show like a shark tank or dragons den talks about getting the stuff manufactured in China. ...

That's the guys that ****ed it up....now the same capitalists cry foul.....

Same with changing land ownership laws in provinces....if you are a chinese billionaire ....where do you want to park your money ....in China or Saskatchewan land with a title and the ability to move here....


Your masters are the people you should talking to.....not me....

BTW all the Chinese have to do is want to tour a seed farm ....there pockets will be full of what they need...

In the nineties went on a tour of a manufacturing plant and there were Chinese guys with pens and paper everywhere. ...no cameras were allowed so they scribbled it down.....that's how they do it....while all us dummies were looking and asking questions the chinese were making blueprints of the plant...

The executive that brought me along poked me and started laughing....he knew what the chinese were up to...and they were not operators or low end people for a tour ...they were top notch engineers that could pencil a quick sketch and then improve it at home...at the time no one worried about it because china was far behind....not so much now...

But its easy to see how companies get caught falling behind....find a cheap manufacturer to save a few bucks and make margins look better on paper while losing sales because the chinese can build the whole thing with the designs provided....

[AlbertaFarmer5]

TOM4SEEDTAX, Yes, if every country practices QE, or otherwise borrowing with no intention of ever repaying, then it works just fine, no currency devaluation relative to each other, no loss of confidence. I call it Mutually Assured Destruction on the economic variety. And unless someone decides to pull the plug, it can in theory continue indefinitely, so long as all the major players co-operate.

[sawfly1]

We may be missing the point on China.
Good article on the Huawei situation on CBC news site.

The intellectual property thing.
Probably was an issue, but
I think the ship has already
Sail ed .

What we are looking at now is
China graduates twice as many
University students and 5 times as
Many Tech. Type people ,as the USA.

The real story is China surpassing the USA.in technology

Ergo the US attempts to lock out
Huawei.

All About money and world power

I remember in the 60s about
Japanese junk.
It did not stay junk.

China will be on top very
Soon . And it will not be junk

[furrowtickler]

We may be missing the point on China.
Good article on the Huawei situation on CBC news site.

The intellectual property thing.
Probably was an issue, but
I think the ship has already
Sail ed .

What we are looking at now is
China graduates twice as many
University students and 5 times as
Many Tech. Type people ,as the USA.

The real story is China surpassing the USA.in technology

Ergo the US attempts to lock out
Huawei.

All About money and world power

I remember in the 60s about
Japanese junk.
It did not stay junk.

China will be on top very
Soon . And it will not be junk

All good points ... the students are well educated and will not be snowflakes .

[sumdumguy]

Looking into my crystal ball: Trudeau loses Canadian election to Scheer and Trump loses to democrats (all that democrats need to do is to run an Obama - type candidate) — then watch the US/Cdn differential.
73.4 will cloze to par. Just SDG crystal ball prediction. So get ready to push the button.

[farming101]

Looking into my crystal ball: Trudeau loses Canadian election to Scheer and Trump loses to democrats (all that democrats need to do is to run an Obama - type candidate) — then watch the US/Cdn differential.
73.4 will cloze to par. Just SDG crystal ball prediction. So get ready to push the button.

Well, that will require patience