Immaculate Vibes

Wage inflation

Had no idea he was now a politician.

Siap

You’re right, it isn’t the 70s and early 80s. Our debt/gdp is 4x what it was then. There’s no room to really raise rates to squash inflation a la Volcker. It’s the same story throughout the world. So we have to be more careful how we approach sanctions that can further fuel inflation for us and our allies.

Money printing and resulting inflation are inherently destabilizing forces.

Sorry if I missed it, but Russia is about to be kicked off Swift aren’t they? We already pulled the pipeline card.

I suspect that Canadian banks were seeing some increased withdrawals. That would put some pressure on. Otherwise many of the mandates/passports still remain and I believe they’ve signaled they’re making some of the powers permanent anyway so I doubt it’s over.

At least you dropped the white supremacists crippling the economy talking points. Their grievances are that it’s been a 2 year long emergency with no end in sight and they want vaccine passports and mandated dropped. These things are being dropped all over the globe and by countries with lower vaccination rates so I think it’s a reasonable grievance. As for would I be happy to have such significant funding of a local protest movement here, no. But let’s also be truthful here. The funding from the main crowdfunding sites never made it to anyone. And I do differentiate where funds are coming from. Is a massive fundraiser from Saudi Arabia or Russia different than people from the US? In my mind yes. What’s your basis for claiming it’s astroturfed? Again, funds were raised until they were organized in Ottawa and the vast majority didn’t even make it to anyone. Judging by the polling numbers I referenced it could be plenty of American independents donating to the truckers too. It isn’t just right wingers that have a problem with this. Of course you wouldn’t know that from the CR thread. Shocker.

So many assertions here. NYT quoted the online fundraising was 50% Canadian, 50% other. You’re just attempting to frame it as meddling when there’s citizens with real grievances. Why do you characterize it as being carried out by white nationalists? Because Trudeau called it that? How was it an attempt the cripple the national economy? The main bridge was closed for one day. Maybe 2. And it was opened before Emergency powers were invoked. He had options. He chose divisive rhetoric, hiding away, then invoking emergency powers for a non emergency. Financially de-platforming his own citizens. Now he’s keeping those powers even after the dust has settled. Why is it relevant? Because he’s basically written a playbook for western democracies to go after dissidents in a more aggressive fashion than we’ve seen. And the party in Executive power here thinks it’s great.

Where’s the Longhorn Steakhouse?

Breakdown by party approve/Disapprove Dem-65/17 Rep-8/87 Ind-21/74 Looks like minorities under polled, but hard to imagine that tilting the scales much. Good to see large amounts of Americans see this for what it is.

Let’s say you’re in Canada and donated to the truckers. You could argue it’s better to hold some value in Bitcoin rather than a fiat bank account that could be frozen. How do you cash out if locked out of exchanges? First of all, not all holders had their wallets blacklisted. There are some limited methods of mixing coins etc that can improve your forward privacy. They need a lot of work though. I think this is where the Canadian experience will accelerate innovation. People talked about needing more privacy tools but now it’s taken on an urgency that it didn’t have before. If you really are stuck holding Bitcoin there are ways to sell Bitcoin for cash. Also, as more people get excluded from various aspects of the financial system and hold Bitcoin you will have more people trading Bitcoin for goods and services. That will take time, but will be a natural consequence of these actions in Canada and as other countries follow suit.

Didn’t know where else to put this.