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Joined 1Y ago
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Cake day: Jul 06, 2023

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While I like the idea of a lower interest rate, I also wonder what it will do. Will it drive housing prices up? Will it stimulate the economy by encouraging people to take debts and loans?

Did they lower rates to encourage people to take out loans?


Governments and companies don’t seem to acknowledge that driving less would be beneficial. If they did, there would be a greater push for work from home for jobs that can be done remotely.

Climate change is so accepted that the general thought is “don’t buy a lakefront house in PEI or Nova Scotia.”