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2 minutes ago, toslow said:

Who give the instructions to print money dumbo 

they don't print money and Bank of Canada actually replied to one of PP's lies with that statement.

 

Are you suggesting that HARPER ordered 155 billion printed?  

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4 minutes ago, toslow said:

You’re so wrong dude. Fuck man do some research 

it isn't hard to look up the mortgage rates all banks have them public

5% 5 year :dunno: 

you need to get better at trying to make your point, you fail at every level 

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2 minutes ago, 1trailmaker said:

you said the PM raises interest rates, you must prove this as it would be easy if it actually happened 

I said the pos instructed to print money 

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Money in Canada typically comes from two sources. Canada's central bank, called the Bank of Canada (BOC), can expand monetary supplyby engaging in asset purchases, such as government and corporate bonds. Money is also created by financial institutions through lending to businesses and consumers.

 

Both measures increase the amount of money available to spend by companies and citizens designed to stimulate economic growth measured by gross domestic product (GDP), which is a metric that measures the goods and services produced in an economy.

 

However, too much money can lead to excessive spending, increased demand for goods, and inflation, which is the pace of rising prices in an economy
 

this is what happens when the federal government spends beyond its limits 

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3 hours ago, toslow said:

Money in Canada typically comes from two sources. Canada's central bank, called the Bank of Canada (BOC), can expand monetary supplyby engaging in asset purchases, such as government and corporate bonds. Money is also created by financial institutions through lending to businesses and consumers.

 

Both measures increase the amount of money available to spend by companies and citizens designed to stimulate economic growth measured by gross domestic product (GDP), which is a metric that measures the goods and services produced in an economy.

 

However, too much money can lead to excessive spending, increased demand for goods, and inflation, which is the pace of rising prices in an economy
 

this is what happens when the federal government spends beyond its limits 

when consumers over spend it causes inflation which is what happens in a confident economy like today.   

So interest rates are raised to cool spending

 

It has nothing to do with Government spending like you posted it CONSuMERS over spend is cause of demand

 

by the way some goods are more money because China isn't doing as well as it was a few years ago so things are costing more

Edited by 1trailmaker
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