@Bubba321B@CTVNews Carney's ancestors signed the deals that allowed Mt. Paektu to emerge from the earth, only to be scaled afterwards by his apprentice. Show some respect.
⛏️ This 1 kg bar of 9999 pure copper cost me $140 CAD
To produce it, miners had to process ~200 kg of ore — and move up to ~1 full tonne of rock once waste is included.
Even at a big markup to spot, seems like a great deal. And it's very beautiful.
The final year the Maple Leafs won a Stanley Cup was the same year Canada stopped producing the Silver dollar.
Since then, you've had clad loonies and no satisfaction. Simple observation.
@colin_korol "But then finally the masses wake up. They become aware inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money for “real” goods."
What did government do with 100 years of our silver money?
@toronto_morning Surely additional fiat currency units, whose wholy creation requires nothing more than a mouseclick and a printing press, will not bid up the prices of scare resources that cannot be created on a statists or bankers whim.
@globeandmail "Ottawa to bid up food prices via monopoly on currency creation. Public to denigrate private businesses for responding to government policy of inflationary spending."
Canada is in a Rubberband Depression. The stage of a fiat economy where measurements of prosperity continue to stretch away from lived economic reality, while digital consensus mechanisms normalize the divergence until confidence can no longer be maintained.