Pierre Poilievre - Crypto currency will save us

[shtferbrains]

Would you ever consider inflation due to governments pumping too much newly printed money into the economy as tax that the wage earner suffers the most from?
Anyone on any type of fixed income has to be coming up short these days. Or doing without a lot of things they are used to having.
What you think Chuck?

[Guest]

You won’t get an answer to that

[cropgrower]

You won’t get an answer to that

yes , learned from his dictator hero that never gives a straight answer

[chuckChuck]

Would you ever consider inflation due to governments pumping too much newly printed money into the economy as tax that the wage earner suffers the most from?
Anyone on any type of fixed income has to be coming up short these days. Or doing without a lot of things they are used to having.
What you think Chuck?

That why you need good income support programs and social programs for seniors, the sick and those who are unemployable and can't find work, and to protect those on fixed incomes that don't keep up with inflation. We have several programs for seniors but are they keeping up?

Covid, supply chain issues, low interest rates, material shortages, labour shortages, higher commodity prices and energy price increases, war, sanctions and disruptions along with all the money pumped into economies to keep them afloat during the pandemic, are all causing inflation.

Both Canada and the US spent alot of pandemic programs. Inflation is higher in the US and unemployment in both countries are currently low.

[Guest]

Let’s not forget that this buffoon spent more than all the PM,s together in history BEFORE the covid flu

[Guest]

I’m going back to the adult table now

[shtferbrains]

That why you need good income support programs and social programs for seniors, the sick and those who are unemployable and can't find work, and to protect those on fixed incomes that don't keep up with inflation. We have several programs for seniors but are they keeping up?

Covid, supply chain issues, low interest rates, material shortages, labour shortages, higher commodity prices and energy price increases, war, sanctions and disruptions along with all the money pumped into economies to keep them afloat during the pandemic, are all causing inflation.

Both Canada and the US spent alot of pandemic programs. Inflation is higher in the US and unemployment in both countries are currently low.

Yes. Lots of government help.
Now we need "programs" to correct the problems caused by the previous government programs.
Wages will have to rise just to keep people on par with their lifestyle.
Rising wages spike inflation...
Goverment needs inflation to pay back debt with inflated dollars.

Same result as a huge tax increase as the government spent your money before collecting it.
Now doubling down to make things "better".

[chuckChuck]

Yes government spending was very high during the last 2 years and some "fiscal" conservative premiers wanted more money from the Federal government. Go figure?

So the one lesson governments learned is to ramp up stimulus during a recession or depression. Austerity would have led to a bigger economic crash. Interest rates were low for much of the last decade because of economic head winds after the financial crisis of 2008 and 2009 and then the lower economic activity after the boom in China.

Imagine what would have happened if governments didn't provide emergency stimulus for the economy and protection for workers and businesses who lost their jobs during covid?

So how will crypto currency prevent inflation? How would Pocket Polly reign in inflation, which has many causes right now with a crypto currency and no central bank?

Because economic shocks and downturns are still going to happen and we know "fiscal" Conservatives like Trump and Harper used stimulus to prevent even more serious recessions or depressions.

Are we going to let the gamers and " Game Stop" investors manage the economy? LOL

[chuckChuck]

So where are all the faithfull who think Polly's plan to to have us switch to crypto currencies is a good idea?

I think that idea falls flat with so many, that Polly will quietly shut up about it after the leadership race. But then again maybe he invested heavily in Game Stop?

It will be interesting to see Polly have to defend the idea in front of the whole country when so many in in the CPC aren't buying.

[Guest]

you and yours in the commune are scared shitless of him
oh and you are arguing with yourself?