RE:RE:RE:Producer Price Index
agree to agree to agree. Not sure we can keep church and state sep anymore re: treasury and Fed. My personal opinion is that it won't be transitory. Rates go up, bond market, credit market, stock market, bye bye. I think that most agree, and that train wreck would happen in days so blame would be too easy to place politically, so no one wants to do that on their watch. So... doveish policy in an inflationary environment. There's a couple things before YCC, but after that, what happens. Corporate taxes, yes. And, big tech will take it hard. In USA, the loopholes are already being closed and orders of parliament legislation amd the Trudeau government that isn't afraid to use it, is already in place here. Also, in Canada, I feel that corporate taxes will go up, perhaps primary residence gains exemption and one time $500k exemption goes away. After that, what's next ... in Canada, I think it will be estate taxes. In USA, I think they will eliminate mortgage interest wrote offs Either way, our kid's kid's kid's will be paying for it.