RE:RE:RE:RE:RE:REITs smell BoC Rate HikeEveryone's an economist now.. don't think they'll raise rates? Incompetent. The need to continue to hike is as clear as inflation was inbound and wasn't transitory 6 months into Biden's term when everyone was debating masks and vaccines. Inflation is an existential threat. Many idiots do not understand this simple fact. The decay in purchase power at 5% is incredible. To lose 40% purchase power in 10 years at 5% inflation would rattle the sheep. Less than 0.1% actually understand inflation. Most clowns want inflation in housing and no inflation at the grocery store. Clowns and sheep. Rates going higher - not because anyone wants it - because we need to... if we don't, inflation will accelerate - especially in housing as witnessed over the past couple months - and we ultimately become a banana republic - assuming you don't think this already given our communist, incompetent leader. The only plausible reason why we don't hike is the fact we are insanely indebted and hiking increases interest expense on our pnl/budget, which is already deep in the red... 120% roughly debt to gdp without considering unfunded liabilities... LOL... more than half that debt was under the clown JT... if you're going to make an argument for no hate hikes and possibly cuts - the least you can do is make a competent argument. Canada is f&cked. Canada housing is f$ucked squared. Hope I'm wrong.