/biz/ - Business & Finance

[Anonymous No.30136982]

Is Canada really going into hyperinflation? I'm scared bros ..

[Anonymous No.30137133]

no.
people have been spewing the same BS for 30 years.
the 10 year treasury yield is rising....but its also almost at its lowest point in history.
its a nothing burger. it always will be.

[Anonymous No.30137360]

>>30136982
>hyperinflation
not gonna happen. canada's maple syrup reserves will secure the CAD

[Anonymous No.30137493]

>>30137133
But rising yields does mean a rising interest rates and that might cause a disruption to the economy right?

[Anonymous No.30137554]

>>30136982
Nothing ever happens

[Anonymous No.30137978]

>>30136982
Maybe not hyperinflation, but definitely high inflation ~10%

[Anonymous No.30138039]

>>30137133
housing has never gone up 60% in a single year, fucknuts.

canadas entire gdp is a pryamid scheme based around bringing in immigrants to raise boomer housing costs. There is no actual productivity.

[Anonymous No.30138304]

>>30136982
https://www.youtube.com/watch?v=7o8JfFbvfD8

[Anonymous No.30138508]

>>30138039
>60% in a single year
Sauce on this

[Anonymous No.30138620]

>>30136982
Unironically no, but it depends on how long central banks attempt to stave off economic downturns, since we're due for one.
Before the pandemic, the US GDP was around 21.5 trillion USD. Canada's was 1.7. Only around 14% of the cash in the system was produced by the central banks; the rest was leverage created by fractional reserve banking. We could continue printing for quite some time and it would still result in deleveraging. However, deleveraging completely risks eroding the debt-based economy, hence the reticence to forgive student debt and continue printing forever.

[Anonymous No.30138962]

>>30136982
the inflation target of 2% per year adds up over time... but it doesn't mean hyperinflation.
some foods like eggs actually went down.
however I expect beef to go parabolic at some point in the far future as well as fish. I'm still amazed that I can hoard cans of tuna for $1 in case of emergencies but some day that will end.
there's already animal feed issues in the supply chain. but not enough for beef to go parabolic yet.

[Anonymous No.30139183]

>>30136982
I'm gonna get me a nice wheelbarrow for going to the local shop

[Anonymous No.30139232]

Hyperinflation is effect of no demand for fiat, so no it won't happen

[Anonymous No.30139560]

Dude we’re already living in a twisted variant of latent hyperinflation that is engineered into flooding equities wiping out the middle class way of life. You will see more of it once the velocity of money picks up after the fake lockdowns and CBDCs arrive to fuck your shit up for generations.

They can’t accelerate debt-based currency dilution forever, it will have to end like all currencies do - in museums

[Anonymous No.30139609]

>>30136982
Credit Default Swaps are rising as basicly the CDS of every other country in the world is declining. So it appears they're already expecting it. Also, Canada doesn't have gold so it will have a hard time fighting inflation and might causing hyperinflation with this.

[Anonymous No.30139963]

$16 for a small piece of black diamond cheddar cheese. you tell me

[Anonymous No.30139976]

!

[Anonymous No.30140031]

Interestingly, Canada doesn't place real estate into the valuation of inflation. I think if it did, we would see a more serious concern