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    Originally posted by errolanderson View Post
    The ‘store-of-value’ appears running for its life. Tariffs doomed . . . .
    I love this. Monthly Bitcoin chart today shows -23%. Bitcoin is on sale. The $CAD/$US is 0.69. The S&P 500 is at 5614.56 and the TSX is at 24,380.71. Set your calendar for Sept 4, 2025 (random date) just to revisit these values and which stored better.
    I am pretty sure March 3, Bank of Canada has started to print money/buy back assets. It takes a financial quarter for inflation to reach the real people. That makes it June/July when Canadians start summer vacations. Canada government debt is at $CAD 1.25 McTrillion duhllars. Canada is a hot mess inside a dumpster fire on a runaway train. No future prime minister is going to solve that math puzzle.
    Feel free to overlay a 10 year (or maximum) Bitcoin price chart vs. any currency or commodity in the world.
    I would, but drinking beer and watching curling highlights.
    Last edited by hobbyfrmr; Mar 10, 2025, 19:43.

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      Good to hear from you hobby.

      Canadian voters don't have to worry about the economy because we have a highly educated central banker as Prime Minister who say his first job is to look after the economy.

      Haven't we had central bankers looking after the countries finance's when all the destruction that you describe happened to any personal wealth we accumulated?

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        Any banker I dealt with took there cut first.

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          Originally posted by shtferbrains View Post
          Good to hear from you hobby.

          Canadian voters don't have to worry about the economy because we have a highly educated central banker as Prime Minister who say his first job is to look after the economy.

          Haven't we had central bankers looking after the countries finance's when all the destruction that you describe happened to any personal wealth we accumulated?
          I am not well educated in economics. I think it is 5 decades of federal government overspending and then asking the central banks to compensate them with freshly printed money to inflate the debt away. All politicians love the "Cantillon Effect" and they want to keep their snouts in the trough as long as possible. $1.25 trillion debt is mathematically impossible to repay. The next party in power will tell us nice stories about working hard for Canadians. Parliament has been impotent for 6 months. When they open the "real" books of the Government of Canada, it is going to be disgustingly spectacular. The truth is, we are on our own, so plan accordingly. Study Bitcoin, or drink beer and watch games of chance. We are on our own.
          Last edited by hobbyfrmr; Mar 10, 2025, 23:03.

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            I learned something today. I had to look up what the Cantillon effect was.
            The Cantillon effect, described by 18th-century economist Richard Cantillon, refers to the uneven distribution of the benefits from money printing, where those closest to the source of new money (like banks or governments) gain disproportionately before prices rise for the general public​.

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