RE:RE:RE:Reverse repos/money market funds, TGA and liquidity Torontojay wrote: Good points Experienced.
No matter which way you go, you're s.o.l. It's like a payday loan borrower that has to keep borrowing just to service the interest expense on the debt they've borrowed. A perpetual cycle that just leaves everybody poorer.
These fiscal deficits in both Canada and the US are highly inflationary and it appears they are trying to inflate their debt worries away with excessive spending. The rest is just debt slavery.
Out of almost 400 million people between Canada and the US, could we not have elected better leaders than Joe Biden or Justin Trudeau?
biden and trudeau got elected because weak men wanted free stuffs from the gov'ts
Democrat and liberal/NDP politicians are happy to provide that in return for power and control.
human history is rinse and repeat