Yes, The Bank of Canada Printed Billions of Dollars!

https://www.youtube.com/watch?v=yoCV7yJ08N0

-24 points · 6 comments · view on lemmy.world

6 Comments

HikingVet@lemmy.ca · 16 pts · 1y (5 replies)

Kind of thier job isn't it?

masterofn001@lemmy.ca · 12 pts · 1y

Next you're gonna tell me the mint minted millions of money.

C'mon, don't be a sheep.

BTW, know anyone that wants to buy some gently used FUCK TRUDEAU flags?

Lemmyoutofhere@lemmy.ca · 1 pts · 1y (2 replies)

Well, notes are actually printed by Canadian Bank Note, a private company. The BoC does not actually print anything.

HikingVet@lemmy.ca · 1 pts · 1y (1 reply)

Then the headline is false.

toastmeister@lemmy.ca · -1 pts · 1y

Watch the video and he outlines how that's a bad faith argument. It's common parlance for increasing the money supply, its not physically printing cash.

toastmeister@lemmy.ca · 0 pts · 1y

During Covid it was actually 2% inflation only, which they ignored for an entire year. They arent political so dealing with Covid was not their purvue.