Post by
soundandfury on Jan 11, 2023 8:26pm
Re: Monetary policy is basically a joke
Monetary whip sawing of interest rates not only created the elevated value of not only houses but also many other asset classes..............for what purpose is this allowed to continue.........if a normal recession had taken place when the business cycle said we would not be in this dilema of 100,000 + people at risk of losing their homes...........this problem is direct consequence of bank of canada policy........thiscis a central bank who has failed the interests of canadians
Comment by
wreckhouse on Jan 23, 2023 10:08am
Japan’s finances are becoming increasingly precarious, Finance Minister Shunichi Suzuki warned on Monday, just as markets test whether the central bank can keep interest rates ultra-low, allowing the government to service its debt. Not only in Canada is there a problem . BCRNW