toastmeister

joined 1 year ago
[–] toastmeister@lemmy.ca -1 points 11 months ago

The 'Libertarianism is better than whatever this shit is supposed to be' leftist.

[–] toastmeister@lemmy.ca -2 points 11 months ago* (last edited 11 months ago)

Capitalism can exist on a gold standard, or a barter system of goods, which if we were on those systems then a shrinking population would do nothing inherently negative.

The thing that breaks with a declining birth rate is monetary policy, which requires an ever growing money supply because we've designed a 2% inflation target, which means growing consumption via debt monetization. The reason for 2% inflation is to monetize our debt, in order to force people onto the risk curve for economic growth; we grow the money supply about 6% a year to achieve 2% inflation due to technological advances and a broken CPI index.

[–] toastmeister@lemmy.ca 12 points 11 months ago* (last edited 11 months ago)

How do we reinstall all the bloatware, advertising, and data mining that is included in Windows. After using it for decades I have certain expectations of my operating system, if I'm not paying money to be monetized it just wouldnt feel the same.

[–] toastmeister@lemmy.ca 1 points 11 months ago

Worse than double digit inflation?

[–] toastmeister@lemmy.ca 0 points 11 months ago

Canada takes in more people than the US, who has 10x the population.

Canada does it to appease corporate lobbyists, which leads to the capital shallowing the BoC warns about when they talk about a lack of worker investment.

https://www.bankofcanada.ca/2024/03/productivity-problem/

[–] toastmeister@lemmy.ca 0 points 11 months ago* (last edited 11 months ago) (2 children)

Ya his country was doing just fine before he took over, a real MMT utopia.

[–] toastmeister@lemmy.ca 1 points 11 months ago* (last edited 11 months ago) (2 children)

The only reason we haven't been in a recession this whole year is mass immigration. We let in more people than the US, who has 10x the population we do.

Its lobbying by corporations who want wage suppression, which is why we are second last place in the OECD in per capita GDP growth since Trudeau took over.

We imported huge sums of people and are facing capital shallowing, which is also why our investment per worker is extremely low, and why corporation don't invest in productivity growth; which is required for wage growth. Which is also why the BoC is "ringing the alarm bells" on stagnant productivity growth, as this inevitably affects our borrowing rates and foreign exchange.

[–] toastmeister@lemmy.ca 1 points 11 months ago

Company executives are unfailingly confident, selling their vision through appearances at events like the World Economic Forum in Davos and the Venice Biennale.

They kissed the ring so I guess they get free land.

[–] toastmeister@lemmy.ca 2 points 11 months ago* (last edited 11 months ago)

We also spend dramatically more now as well and are on an unsustainable path according to the Fed.

People want more spending and less taxes though, as its human nature.

[–] toastmeister@lemmy.ca 4 points 11 months ago* (last edited 11 months ago) (2 children)

If you're three corporation in a trench coat maybe.

TFW and mass immigration are also really good for corporations, you could say the same thing about that as it destroys the middle class.

[–] toastmeister@lemmy.ca 2 points 11 months ago

Isn't he just saying that he will tariff them so they're paying 25% more for manufacturing in a foreign country?

This is far left policy.

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