Saturday, May 10, 2014

BLOWING BUBBLES

Continuing ZIRP should keep the housing bubble inflating in Canada.

2 comments:

  1. Jeepers. Unemployment is driving our dollar down? Wont creating about a hundred thousand more make-believe government jobs cure that?

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  2. "How can every country cut rates to boost exports? Mathematically it's impossible, but it certainly doesn't stop central banks from trying, and at a huge expense to savers and everyone on fixed income."
    Savers? What savers?

    ReplyDelete