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Canada starts rate cutting cycle. Despite rampant inflation (especially in housing). (www.zerohedge.com)

posted 171 days ago by NatalieBiden 171 days ago by NatalieBiden +28 / -0

Bank of Canada Cuts Rates By 25bps As Expected, First G7 Central Bank To Launch Easing Cycle

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– deleted 16 points 171 days ago +16 / -0

▲ 7 ▼

– BollocksToBolsheviks 7 points 171 days ago +7 / -0

May I introduce you to Executive Order 6102?

in exchange for $20.67 (equivalent to $487 in 2023)

Current spot price: $2,351.70

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▲ 3 ▼

– deleted 3 points 171 days ago +3 / -0

▲ 6 ▼

– HallucinatoryBeing 6 points 171 days ago +6 / -0

The French Revolutionary government also banned gold under penalty of death; no one wanted to use the worthless fiat currency. But when the alternative was guaranteed starvation, you took your chances.

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▲ 3 ▼

– BoberFett 3 points 171 days ago +3 / -0

Come and take it.

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