In a drop that some economists are calling 'worrisome,' Canada’s labour market shed 84,000 jobs in February, one of the sharpest monthly declines seen outside the COVID-19 pandemic.
Ya maybe, if you could stop investment from fleeing Canada; only because it would drastically raise inflation and interest rates, which would make mortgages far more expensive. Of course anyone with a large mortgage would be made poorer.
Yeah you are right, forgot about price ceiling part. Gov should be regulating lots of things compared to the situation now. Though infinite wealth cap is the main solution. It is like joining an online game 1 lvl where many players are 1000000+ lvl. The system itself is unfair and we need 100 lvl max
Well I’d just ask does the aggregation of nominal wealth affect you in any way. If Bill Gates has 800b dollars does that hurt you, is that money being taken from somebody else, even when the money supply grows at 8% because Bill Gates and other rich people dont spend any of it so inflation doesnt rise?
100% of your problems could have been solved if we had max cap networth and 100% taxes above that cap.
Ya maybe, if you could stop investment from fleeing Canada; only because it would drastically raise inflation and interest rates, which would make mortgages far more expensive. Of course anyone with a large mortgage would be made poorer.
Yeah you are right, forgot about price ceiling part. Gov should be regulating lots of things compared to the situation now. Though infinite wealth cap is the main solution. It is like joining an online game 1 lvl where many players are 1000000+ lvl. The system itself is unfair and we need 100 lvl max
Well I’d just ask does the aggregation of nominal wealth affect you in any way. If Bill Gates has 800b dollars does that hurt you, is that money being taken from somebody else, even when the money supply grows at 8% because Bill Gates and other rich people dont spend any of it so inflation doesnt rise?