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    Justin Trudeau versucht, ein Heilmittel gegen „Inflationitis“ zu finden


    Justin Trudeau versucht, ein Heilmittel gegen „Inflationitis“ zu finden

    https://www.cbc.ca/news/politics/trudeau-inflation-gst-holiday-1.7390063?cmp=rss

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    7 Comments

    1. Previous_Soil_5144 on

      What is happening in Canada is happening to an extent in the US, UK, Australia and many other places.

      We can blame whoever we want, but in the end it’s clear that this problem is systemic since all the countries who decided to follow the same path all ended up here.

      The last 40 years of decisions brought us here and we’re acting like we have no idea what the problem is or how to fix it.

    2. Baulderdash77 on

      Governments around the world printed money like crazy during Covid.

      By effectively shutting down large parts of the economy and paying people to not participate in the economy; they all created enormous inflationary pressures.

      At the time they were faced with 2 choices: severe budget austerity afterwards to curb down the massive increases in government debts; or let inflation ravage the middle class.

      Almost every government chose option #2 (mostly through inaction).

      Inflation then went wild through western economies. Central banks responded in unison to raise interest rates to curb excess demand.

      This has largely been successful, but it has resulted in a massive transfer of wealth from the working class and middle class to the very rich.

      Of course what we have seen in response is that people are not happy that life is much harder and more expensive now than it was. Which has resulted in government after government being replaced by their discontent electorate.

      In Canada’s case, compounding this fairly extremely, the government tried to paper over the economic hardship by increasing massively the size of the population to spread out the economic pain. This far exceeded the economic and social capacity of society to absorb this level of immigration.

      Now we have an extremely unpopular government in its final death throes trying to win back popular support by increasing spending, paying people with their own money and feeding back more inflation into the economy with these measures.

      It’s a fairly transparent and nominal measure that they think will make them popular. However I think the electorate will see through it and continue its sentiment.

    3. StevenSpielbergJr on

      Ah yes, curing inflationitis with helicopter money and tax breaks, should work like a charm. Thank you Mr. Prime Minister!

    4. AnyoneButDoug on

      Don’t forget grocery stores in particular taking the opportunity to raise their prices beyond inflationary rates.

    5. Neither-Historian227 on

      He printed the money, destroyed the economy, lockdowns deal with the consequences and the inevitable loss of power.

    6. SelectJackfruit609 on

      Lots of east coasters will vote for him due to these hand outs he’s probably going to sweep the east again, 250 is enough to get an east coast family drink for a weekend so easy w for Trudeau

    7. listgroves on

      Stop giving money away. Stop policies that increase demand in a time of scarcity.

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