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tarsn to Canada · 2 years ago

Opinion | Bank of Canada’s fight against inflation is a war on workers

www.thestar.com

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Opinion | Bank of Canada’s fight against inflation is a war on workers

www.thestar.com

tarsn to Canada · 2 years ago
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The cost of another rate hike will be paid by workers in the form of higher unemployment and lower real wages, Gustavo Indart writes.
  • acargitz
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    2 years ago

    Housing has become an investment vehicle. This is as insane as making water or air an investment vehicle. All people need a place to live, investors should find something else to jerk off with.

    We need a strategy to massively expand non-profit housing in Canada!

    https://www.youtube.com/watch?v=sKudSeqHSJk

    https://www.youtube.com/watch?v=41VJudBdYXY

    https://www.youtube.com/watch?v=Pgxweff5AjQ

    PS. Apparently, something like 3/4 of Canada’s national wealth is “is wrapped up in real estate” (https://globalnews.ca/news/4775685/canada-national-wealth-real-estate/). What if it was invested in productive endeavours instead!?

    • PipedLinkBot@feddit.rocksB
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      Here is an alternative Piped link(s): https://piped.video/watch?v=sKudSeqHSJk

      https://piped.video/watch?v=41VJudBdYXY

      Piped is a privacy-respecting open-source alternative frontend to YouTube.

      I’m open-source, check me out at GitHub.

      • creepynut
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        2 years ago

        Good bot.

    • regeya@lemmy.world
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      2 years ago

      https://money.usnews.com/investing/stock-market-news/slideshows/ways-to-invest-in-water

      • acargitz
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        2 years ago

        https://youtu.be/_Nt5by-TsUw

        • PipedLinkBot@feddit.rocksB
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          2 years ago

          Here is an alternative Piped link(s): https://piped.video/_Nt5by-TsUw

          Piped is a privacy-respecting open-source alternative frontend to YouTube.

          I’m open-source, check me out at GitHub.

      • acargitz
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        2 years ago

        deleted by creator

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