Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
In this moment, when you can use a capable portfolio advisor to passively learn about and experience a fully varied market, it has never been easier to understand how to increase your money. The implications of a rising or declining dollar on assets, in my opinion, are difficult.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now
@@yvonnejoordan Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently
@@tateoften I encountered Yvonne Annette Lively through a CNBC interview, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@@Robertgriffinne On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.
@@feliciacameron9531 The adviser I use is actually quite known, you might have heard of her, Susan Agnes Hancock, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.
@@Robertgriffinne Absolutely, I agree, and the markets are currently in a frenzy. The greatest time to observe them, learn more about them, and take advantage of opportunities to strike is now. My F.A, "Susan Agnes Hancock," who has witnessed hundreds of market cycles over the past three decades, taught me this. She has an intuitive understanding of how things move, why they move, and what will happen next.
@@reginastanfield7061 Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
Love your straightforwardness in the manner you show us the mix-ups as well as the triumphs. Your posts are genuinely uplifting, showing us all the significance of profit investing...my prompt for students is to assemble here and get an enduring answer for their effective financial planning nightmares...no information is a waste.
@alexisanders Do you think you could recommend this coach who mentors you? I've been looking into advisers myself, and I'd really need help moving forward.
@@svengrot7943 it's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
The real reason behind Canada’s inflation is that we do not have a free market/competition. Every market you look at: food, housing, travel, insurance, telecom and more, there is a well entrenched oligopoly that dominates and prevents any new competition. Unfortunately, our government is in bed with them and have betrayed its citizens. The real solution is to open our market to competition and enforce a true fee market, but politicians will never do this as they are bought and sold by the big corps. Unfortunately, the future seems grim for Canada.
@@chadalicious374 Really? You mean supply and demand have zero role in inflation? When there is a drought and fruits are not in abundance fruit prices don’t go up? When gas prices are high, do logistics costs not increase? When people save because they’re stuck at home then start spending their saved money there is no squeeze on supply that drives up costs? It’s ALL monetary policy?
Food and housing shouldn't have a "market" as they are necessities. That's the issue. Pricing people out of homes is abusive, immoral and greedy. A house has a value that is known by original price, size and area. Now a house is just priced at whatever anyone wants.
Warren frequently makes good arguments. But hearing from someone with his level of experience is also beneficial. Given that the majority of my holdings ($650K) consist of Nasdaq, Apple, and Tesla companies, his opinion or any other professional recommendations on what to do would be greatly appreciated. I entered the market early, but I'm not sure if I should sell or buy back at a bargain considering the status of the market.
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance of a financial advisor.
@@AshtonGrace Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
@@ReidCoffman1 How did you make contact? After reading these remarks about hiring advisors, I think I need one. Simply said, I don't want to make mistakes that will seriously hurt me.
@@MariusNatt The advisor I use is actually quite known, you might have come across her before, “MARIA TERESA TYLER” she's been featured on several articles, you can search her name
Is inflation coming down? Food is up. Rent is up. Mortgages are going up and that will get passed on to the renter. China is reopening and it's oil demand is climbing. The SPR has been drawn down and at some point will be replenished. Oil companies are more into dividends and buy backs than adding capacity. Wages are sticky, unions are pushing for 10% raises to keep their members in line with the inflation they just experienced. If the consumer does not get a 10% raise, then they are poorer and that will reduce profits going forward. During this time, refineries, grocers, and other industries seem to be expanding their margins because they can blame inflation for the price increases. The Fed is at 4.5% and that is only just now getting close to some sort of historical average. Volker took things over 20% to crush inflation. If you are combating 8 - 10% inflation, does 5% even do the job? Bonds are looking really good. If enough people agree that bonds are looking good, the stock market simply won't have enough money pile back into it to keep it at the level it is at right now. Boomers are retiring, does a 70 year old want to risk his money or does a 5 - 7% bond look like the best retirement vehicle there is? If the Boomers participate in the market less, then the DOW will not stay at 30k, maybe 25k is where it goes after the Boomers protect their retirement funds.
How is he collecting data about what people aren't doing because of what they have to do instead? This guy, I listened to the whole thing, this guy might as well have said, "What do you mean they have no bread? Let them eat cake then."
@@nickyfurlano8531 if you’re a young saver why would you lock yourself into a GIC? Also inflation greater than current bond yields from the rate hikes, how is this beneficial to retirees? They are losing purchasing power.
@@cindyhaduik7171 yes crippling taxes and yet we are housing and feeding illegal migrants for months on end in hotels paid for by the taxpayer. Crazy canucks we are indeed.
@@johnq2068 I'm buying corporate bonds and strip bonds out to around the year 2050 knowing the bottom will fall out of interest rates next year. I can get wealthy on a 5 percent rate of return.
*Being able to provide all my needs without the help of the Government is really a dream come through and I’m getting $50,000 returns from my 10k investment*
Quite impressive but HOW!!?😊 I know it's possible, my colleague at work always get 40K every week, I would appreciate if you show me how to go about it.
After I got up to $300k trading with Mary Lynn Crawford i bought a new House and I'm now able to send my kids to a better school in the states thanks to her. When someone is straight forward with what he or she is doing people will always speak up for them.
My first experience with her gave me the assurance and confidence that has made me to invest without fear of losing, I really appreciate her efforts and transparency..
@@kimchan7189 I bought suncor stocks and the price appreciation paid for my gas last year and jagmeet Singh all up there screaming at loblaws and corporate profit instead of suggesting people just buy the stock to hedge against inflation.
@@bostonbruinsfanboy should they? No one should hence disclaimers in front of every trading video, however I mean people say they can’t buy a home, but they can put $20 a month into real estate investment trusts and own stock in real estate. Or if they claim Rogers Bell or telus gouges your phone bill, own stock in the provider you use. Same thing with gas, CNQ, suncor, fortis, etc. food loblaws George Weston, metro; but I mean these guys just want to tax constantly for government revenues it’s embarrassing.
2 comma home prices for more than 10 years in Canada and no inflation? What a clown this guy is. Tell your no inflation lie to the thousands with $300k in savings for a house and they STILL can't afford the $700k mortgage.
Housing market is mess right now in Cambridge Ontario, investers are buying every single house for sake of money regardless givibg first time home buyers chance. So unfair so filthy.
“Money” has traditionally been defined as having two functions: it is a medium of exchange and a store of value. Our current modern monetary theorists have completely ignored the latter, and for them inflation is never a problem. 5:136:36
Even my 8 year old knows things are more expensive now than it was before. Another propaganda mouth piece. “The Canadian Banks are the best managed banks in the world….seriously??!!! Canadians banks are the least competitive and sheltered banks in the world is more like it. Have you seen how competitive and efficient Singapore banks are just for measure? BOC is a joke and incompetent.
I distinctly remember average house prices to be around some 200k and now for same style house it cost you around 1 million. So what happened ? But sure, it's a good thing to know this has absolutely nothing to do with inflation and the totally out of control spending there in Ottawa.
Ottawa has allowed and even promoted money laundering and foreign buyers and investors to completely corrupt housing. Also with housing at 15% of Canada’s GDP it’s set Canada up for a massive financial crises as the housing market crashes over the next few years as so many Canadians and Canadian investors can’t handle their variable rate mortgages. Just had happened yet since banks aren’t forcing variable rate mortgage holders to increase their payment even though the principle owed is increasing each month since their payments don’t even cover the interest owed each month
@J Mela Well, you got to think a little further here. Canada does international commerce paying foreign merchandise with Canadian Dollar. You can not prevent or prohibit foreigners from using the Canadian funds they received from commerce to buy stuff here unless you want to encourage foreigners to dump our worthless Mickey Mouse funny munny.
@@billspencer8540 Well that's like saying that International commerce spiked in 2022 because house prices shot up in some cases over $400k. And some houses went from $2.5m to $3.8m. What's that about? Now, less than a year later the same houses are relisting for $300k less or some even $1m less than last year. Sounds like prices are just made up. Especially when they bought the house for $400k!
I appreciate an alternative view. We agree on one thing BOC is data dependent and as the the dollar drops and we lose purchase power inflation will rise. BOC is no longer in control and will have to prop up the dollar by raising rates again
Not sure about that later comment about pausing and then rising later if need be. On one hand that would allow time for the market to lose complacency with rate hikes, reigniting fear to reduce spending. On the other hand, it will give false confidence that it is safe to spend again during the pause, motivating inflation. Is it just me, or would have it been more wise to take large rate hikes rather than multiple slower ones. Large hikes would shock many, creating fear to slow economy. People get used to multiple slow hikes, reducing fear to spend, as we have seen. Slow hikes are for sustaining economy momentum, fast hikes are for slowing it. Right!?
perfect example of being delusional! 🤣. Rates are only going higher. Tiff should be given credit? That's the guy who not so long ago said that rates will stay low for a long time! LOL Look at the 5 year Canada bond yield, it's 3.6% and going higher. Canadian banks? have you noticed the loan loss provisions for the Canadian banks have increased??? OMG...thanks....I needed a good laugh today! thanks BNN! 🤣🤣
The bond market certainly didn't believe the latest CPI report. Dubois reporting doesn't fool the bond market. The last CPI report should have shown inflation increasing to 7 percent not falling. As we see America and Australia tell the truth and the Bank of Canada is putting out bogus data.
... electricity is up, gas is up, food is up, wages are up, house costs are up, clothes are up.... inflation is prices of things go up This dude saying this is not bad when cost go up 10%?
If BoC pauses Canada will have higher inflation as we buy a lot from the US. We have very high inflation here- Rent is like 30% more than a year ago. Food is like 15% more. Gas is 10-20% more. Salaries have not moved.
Canada does not have an inflation problem: Jim Thorne The rhetoric ignores the data. He says. I don't buy things I need because I can't. How can data about what can't happen be ignored if it doesn't happen? I need two teeth, can't buy them. I need a reliable mode of transportation, can't buy one. I need a safe, clean, place to live, can't buy one. I'd need more food if I didn't also need teeth. Why can't I afford teeth? Because of the unreliable mode of transportation, unsafe, unclean place to live and the lack of energy made possible by the lack of tooth money, vicious it is. He's talking about investors who have liquid assets to invest. I've been chasing a liquid asset pool my whole life. Build a meager one, bam, massive emergency expense, and lately the "booms" have been more frequent. Canada may not have an inflation problem, Canadians do.
We have an overpopulation problem and a problem with the lack of control on Realtors landlords and corporations that own thousands of buildings for rentals...it's funny news will cover how Canada's average rate of finances per home has raised by 20k roughly but they forget to tell you the amount of adults to a home on average has rose by 200% so basically a home with 4 adults only makes an extra 20k on average than homes in early 2000s with 2 adults ...it's disgusting we allow such overpopulation when I was a kid parents were mandated that kids get their own room now because of all these foreign fools we allow them to put 6 kids to a room in this "first world nation" that clearly shows how pour this country is and how destroyed it has become from lack of border control...we have millions homeless and we are expecting millions more to come here within the next couple of years how does that help our food costs and housing issues. It doesn't ffs enoughs enough send them home and to other countries stop financing pour countries start financing Canadian citizens
How can i get more profitable investment in the market? is this pump short getting wrecked and liquidated, or any indication of whale, corporate treasury buys?
Inflation is the $$ it is the number of hours to earn the $$’s. If the cost goes down, it deflates goes up it inflates, while my wages and earnings stagnate. Inflation also goes up it the cost stays the same but my wages and earnings goes down. If my wages and earnings increase greater then my expenses then it deflates, regardless or the amount it increases. Key is if my earnings subtract expenses causes my remaining finances to go up, it is deflationary, if it goes down it is inflationary. Regardless of the cost at the store, etc.
Yikes. Looks like this fellow has his head a bit in the sand, not factoring in the debt ratio of the government, companies and consumers. We are no where near to be in a bull market.
👍👍. I was at a retirement seminar and the speaker spoke on how he quit his job after he made well over $950,000 PROFIT within 3months he invested $120,000. I just began investing and i will really appreciate any tips or helpful guide.
Creating another source of income in these difficult times is the best thing to do. not only does it guarantee returns ,it also helps you plan and save for future express it can be quite difficult to make an investment without sound knowledge or guidance, which is why it is adorable to work with an investment advisor like NICK DRANCHAK..
Propaganda at its finest... Prices are 200% up on average all around and state media comes up with a random guy cherry picking fantasy numbers, yeah sure!
![⭐️( ลอยกระทง 2024 ) Ver. แดนซ์ Remix BY [ ดีเจกิต รีมิกซ์ ]](http://i.ytimg.com/vi/rMWOLhgXUHc/mqdefault.jpg)
Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.
In this moment, when you can use a capable portfolio advisor to passively learn about and experience a fully varied market, it has never been easier to understand how to increase your money. The implications of a rising or declining dollar on assets, in my opinion, are difficult.
If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 65% since January. It is, in my opinion, the best way to get started in the industry right now
@@yvonnejoordan Where may one locate an experienced FA? I like the notion of employing their services, but it's terrible that recent stock market tragedies have started to happen more frequently
@@tateoften I encountered Yvonne Annette Lively through a CNBC interview, and I emailed her. She is guiding me. Since then, she has given me chances to buy and sell the stocks in which I'm interested. You can hunt her up online if you require care supervision.
@@yvonnejoordan Insightful... I was curious after reading what you shared, so I Googled Yvonne Annette Lively's name. I came across her webpage,thanks
A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!
You’re right! The current market might give opportunities to maximize profit, but in order to execute such effective transactions, you must be a skilled practitioner.
@@Robertgriffinne On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal portfolio of approximately $750k took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect and profit from my portfolio this red season. I’ve made over $150k since then.
@@feliciacameron9531 The adviser I use is actually quite known, you might have heard of her, Susan Agnes Hancock, she's been featured on several platforms including CNBC and Bloomberg, you can search her name.
@@Robertgriffinne Absolutely, I agree, and the markets are currently in a frenzy. The greatest time to observe them, learn more about them, and take advantage of opportunities to strike is now. My F.A, "Susan Agnes Hancock," who has witnessed hundreds of market cycles over the past three decades, taught me this. She has an intuitive understanding of how things move, why they move, and what will happen next.
@@reginastanfield7061 Mind if I ask you to recommend how to reach this particular coach you using their service? Seems you've figured it all out unlike the rest of us.
This guy isn't living in the real world. Look at groceries and fuel costs.
Its gaslighting
core inflation X food, rent, income, water, oxygen and medicine... you don't need that to live.
Actually inflation ex everything will be 0, target achieved
@@desperado914 Careful there, if they see your post they might actually use it... Then rates go to zero again
This is some top tier gaslighting lol.
What's worse is the top comments are not calling it out
@@ZenCorvus LMAOOO I know right?? These markets and numbers are manipulated
Does he live in Canada? How many investment properties does he have? Why is he saying this?
Love your straightforwardness in the manner you show us the mix-ups as well as the triumphs. Your posts are genuinely uplifting, showing us all the significance of profit investing...my prompt for students is to assemble here and get an enduring answer for their effective financial planning nightmares...no information is a waste.
@alexisanders Do you think you could recommend this coach who mentors you? I've been looking into advisers myself, and I'd really need help moving forward.
@alexisanders Thank you for this amazing tip. Verified and wrote her. She seems Proficient.
@@svengrot7943 it's all hype! best to ignore the trend at the moment whether bullish or bearish, and stick to a proper trading plan preferably with expertise assistance.
He should make this speech in any grocery store. Maybe not with tomatoes at hand for people to use.
The real reason behind Canada’s inflation is that we do not have a free market/competition. Every market you look at: food, housing, travel, insurance, telecom and more, there is a well entrenched oligopoly that dominates and prevents any new competition. Unfortunately, our government is in bed with them and have betrayed its citizens. The real solution is to open our market to competition and enforce a true fee market, but politicians will never do this as they are bought and sold by the big corps. Unfortunately, the future seems grim for Canada.
exactly
You forgot two huge ones on your list. Education and healthcare are completely government regulated. This is a socialist country.
No the only reason behind inflation has been the endless money printing and handouts. Inflation is always a monetary policy phenomenon.
@@chadalicious374 Really? You mean supply and demand have zero role in inflation? When there is a drought and fruits are not in abundance fruit prices don’t go up? When gas prices are high, do logistics costs not increase? When people save because they’re stuck at home then start spending their saved money there is no squeeze on supply that drives up costs? It’s ALL monetary policy?
Food and housing shouldn't have a "market" as they are necessities. That's the issue. Pricing people out of homes is abusive, immoral and greedy. A house has a value that is known by original price, size and area. Now a house is just priced at whatever anyone wants.
Did not expect a clown on a show this early in the morning
Lol noon is morning for you? And yea he is a clown, until the feds start printing again 😂
His employer is likely over leveraged. It’s the only feasible expiation.
Has this guy never been to a grocery store before in his life?....I take it wiffy buys the groceries in his house.
🤣🤣🤣
Warren frequently makes good arguments. But hearing from someone with his level of experience is also beneficial. Given that the majority of my holdings ($650K) consist of Nasdaq, Apple, and Tesla companies, his opinion or any other professional recommendations on what to do would be greatly appreciated. I entered the market early, but I'm not sure if I should sell or buy back at a bargain considering the status of the market.
Focus on two key objectives. First, stay protected by learning when to sell stocks to cut losses and capture profits. Second, prepare to profit when the market turns around.I recommend you seek the guidance of a financial advisor.
@@AshtonGrace Whichever option you choose, be careful to seek advice from a trustworthy investment advisor. I do business with one, and she has helped me get a better handle on the stock/ETF market throughout this upheaval.
@@ReidCoffman1 How did you make contact? After reading these remarks about hiring advisors, I think I need one. Simply said, I don't want to make mistakes that will seriously hurt me.
@@MariusNatt The advisor I use is actually quite known, you might have come across her before, “MARIA TERESA TYLER” she's been featured on several articles, you can search her name
@@ReidCoffman1 Looked up her name and her website popped up immediately, interesting stuff so far, about to book a session with her.
Is inflation coming down? Food is up. Rent is up. Mortgages are going up and that will get passed on to the renter. China is reopening and it's oil demand is climbing. The SPR has been drawn down and at some point will be replenished. Oil companies are more into dividends and buy backs than adding capacity.
Wages are sticky, unions are pushing for 10% raises to keep their members in line with the inflation they just experienced. If the consumer does not get a 10% raise, then they are poorer and that will reduce profits going forward.
During this time, refineries, grocers, and other industries seem to be expanding their margins because they can blame inflation for the price increases.
The Fed is at 4.5% and that is only just now getting close to some sort of historical average. Volker took things over 20% to crush inflation. If you are combating 8 - 10% inflation, does 5% even do the job? Bonds are looking really good. If enough people agree that bonds are looking good, the stock market simply won't have enough money pile back into it to keep it at the level it is at right now. Boomers are retiring, does a 70 year old want to risk his money or does a 5 - 7% bond look like the best retirement vehicle there is? If the Boomers participate in the market less, then the DOW will not stay at 30k, maybe 25k is where it goes after the Boomers protect their retirement funds.
Doug Ford raise rent janaury
How is he collecting data about what people aren't doing because of what they have to do instead?
This guy, I listened to the whole thing, this guy might as well have said, "What do you mean they have no bread? Let them eat cake then."
Then why is cost of everything increase in prices sir?
Food prices go up and never down
Yes we do. Unprecedented inflation on top of unprecedented rate hikes, literally crippling hard working honest Canadians.
Rare hikes help people with money as bond yields and GIC rates push higher. A boon for savers and retirees.
Don't forget TAX TAX TAX
@@nickyfurlano8531 if you’re a young saver why would you lock yourself into a GIC? Also inflation greater than current bond yields from the rate hikes, how is this beneficial to retirees? They are losing purchasing power.
@@cindyhaduik7171 yes crippling taxes and yet we are housing and feeding illegal migrants for months on end in hotels paid for by the taxpayer. Crazy canucks we are indeed.
@@johnq2068 I'm buying corporate bonds and strip bonds out to around the year 2050 knowing the bottom will fall out of interest rates next year. I can get wealthy on a 5 percent rate of return.
come to Canada and tell me again there is not inflation. oh right you have some much money that you dont see the different in prices.
Disconnected from the rest of us some are ey ? Egg prices doubled ! Bread went up ! Some bacon prices also almost doubled ! In merely a year !
*Being able to provide all my needs without the help of the Government is really a dream come through and I’m getting $50,000 returns from my 10k investment*
Quite impressive but HOW!!?😊 I know it's possible, my colleague at work always get 40K every week, I would appreciate if you show me how to go about it.
After I got up to $300k trading with Mary Lynn Crawford i bought a new House and I'm now able to send my kids to a better school in the states thanks to her. When someone is straight forward with what he or she is doing people will always speak up for them.
My first experience with her gave me the assurance and confidence that has made me to invest without fear of losing, I really appreciate her efforts and transparency..
@antonioreece8207you can message her
United States
＋𝟏𝟕𝟏𝟔𝟑𝟐𝟒𝟓𝟒𝟐𝟎
United States👍👎
Ban cheap Chinese goods, people need to learn to pay more for US made stuff.
i guess you havent bought gas and food
Everything deflating except the essentials.
What inflation? Own big oil and big L. You will be happy.
@@kimchan7189 I bought suncor stocks and the price appreciation paid for my gas last year and jagmeet Singh all up there screaming at loblaws and corporate profit instead of suggesting people just buy the stock to hedge against inflation.
@DeLeRiva are you serious? You think party leaders should give people investment advice?
@@bostonbruinsfanboy should they? No one should hence disclaimers in front of every trading video, however I mean people say they can’t buy a home, but they can put $20 a month into real estate investment trusts and own stock in real estate. Or if they claim Rogers Bell or telus gouges your phone bill, own stock in the provider you use. Same thing with gas, CNQ, suncor, fortis, etc. food loblaws George Weston, metro; but I mean these guys just want to tax constantly for government revenues it’s embarrassing.
Not watching this but wow what a title. WRONG! -Canadian
2 comma home prices for more than 10 years in Canada and no inflation? What a clown this guy is. Tell your no inflation lie to the thousands with $300k in savings for a house and they STILL can't afford the $700k mortgage.
Did this guy actually just saw Canada doesn't have an inflation problem.? Lol (step into my office bud, you're fired!)
This dude is full of you know what.
Big shame on Government of Canada they cant even stop this overload on housing
LOL what a video title 😂 who paid for this?!
Liberal party of Canada. You’re a “racist” if you say there’s inflation now. 😂
Pathetic
If there's no inflation problem, why did CBC have an article in January saying it's going to cost a thousand dollars more for groceries in 2023?
I pray for the future
Housing market is mess right now in Cambridge Ontario, investers are buying every single house for sake of money regardless givibg first time home buyers chance. So unfair so filthy.
hes probably invested in creating the problems
“Money” has traditionally been defined as having two functions: it is a medium of exchange and a store of value. Our current modern monetary theorists have completely ignored the latter, and for them inflation is never a problem. 5:13 6:36
Even my 8 year old knows things are more expensive now than it was before. Another propaganda mouth piece. “The Canadian Banks are the best managed banks in the world….seriously??!!! Canadians banks are the least competitive and sheltered banks in the world is more like it. Have you seen how competitive and efficient Singapore banks are just for measure? BOC is a joke and incompetent.
Wow where is the clown nose!
ROTFLMFAO! I beg to differ with your statement. I am a Canadian and I can tell you Canada does have an inflation problem!
Omg this guy got air time spewing the literal opposite of reality.
I distinctly remember average house prices to be around some 200k and now for same style house it cost you around 1 million. So what happened ?
But sure, it's a good thing to know this has absolutely nothing to do with inflation and the totally out of control spending there in Ottawa.
Ottawa has allowed and even promoted money laundering and foreign buyers and investors to completely corrupt housing. Also with housing at 15% of Canada’s GDP it’s set Canada up for a massive financial crises as the housing market crashes over the next few years as so many Canadians and Canadian investors can’t handle their variable rate mortgages. Just had happened yet since banks aren’t forcing variable rate mortgage holders to increase their payment even though the principle owed is increasing each month since their payments don’t even cover the interest owed each month
@J Mela Well, you got to think a little further here. Canada does international commerce paying foreign merchandise with Canadian Dollar. You can not prevent or prohibit foreigners from using the Canadian funds they received from commerce to buy stuff here unless you want to encourage foreigners to dump our worthless Mickey Mouse funny munny.
@@billspencer8540 Well that's like saying that International commerce spiked in 2022 because house prices shot up in some cases over $400k. And some houses went from $2.5m to $3.8m. What's that about? Now, less than a year later the same houses are relisting for $300k less or some even $1m less than last year. Sounds like prices are just made up. Especially when they bought the house for $400k!
@@casual35 I don't know, maybe in this sector supply and demand forces are still intact.
@@billspencer8540 Greed, plain and simple.
Is he working with NDPs?
Maybe Liberals. But more than likely he's trying to snow people because it hurts his company's bottom line to freak people out with the truth.
No, we have a Comrade Turdeau "spend til you drop" problem
This guy is right out to lunch look at the price of food and housing he needs to give his head a shake
I appreciate an alternative view. We agree on one thing BOC is data dependent and as the the dollar drops and we lose purchase power inflation will rise. BOC is no longer in control and will have to prop up the dollar by raising rates again
Not sure about that later comment about pausing and then rising later if need be. On one hand that would allow time for the market to lose complacency with rate hikes, reigniting fear to reduce spending. On the other hand, it will give false confidence that it is safe to spend again during the pause, motivating inflation.
Is it just me, or would have it been more wise to take large rate hikes rather than multiple slower ones. Large hikes would shock many, creating fear to slow economy. People get used to multiple slow hikes, reducing fear to spend, as we have seen. Slow hikes are for sustaining economy momentum, fast hikes are for slowing it. Right!?
What a joke.
Sounds like they need a bailout from impending margin calls.
Don’t be a bag holder!
The “pause” is like holding your breath. Another wave is coming.... watch fuel prices-as they inch up, so does inflation AGAIN 🤕
perfect example of being delusional! 🤣. Rates are only going higher. Tiff should be given credit? That's the guy who not so long ago said that rates will stay low for a long time! LOL Look at the 5 year Canada bond yield, it's 3.6% and going higher. Canadian banks? have you noticed the loan loss provisions for the Canadian banks have increased??? OMG...thanks....I needed a good laugh today! thanks BNN! 🤣🤣
9 buck milk says diff
one last pump boiz one last pump...
Probably for this guys there is no inflation problem
So my eyes are lying to me between grocery price, fuel, electricity and basic standard of living cost increasing almost weekly? Liars.
The bond market certainly didn't believe the latest CPI report. Dubois reporting doesn't fool the bond market. The last CPI report should have shown inflation increasing to 7 percent not falling. As we see America and Australia tell the truth and the Bank of Canada is putting out bogus data.
... electricity is up, gas is up, food is up, wages are up, house costs are up, clothes are up....
inflation is prices of things go up
This dude saying this is not bad when cost go up 10%?
If BoC pauses Canada will have higher inflation as we buy a lot from the US.
We have very high inflation here- Rent is like 30% more than a year ago. Food is like 15% more. Gas is 10-20% more. Salaries have not moved.
Idk how is anyone making it out there
Canada does not have an inflation problem, pass the $6 ketchup.
Canada does not have an inflation problem: Jim Thorne
The rhetoric ignores the data. He says.
I don't buy things I need because I can't.
How can data about what can't happen be ignored if it doesn't happen?
I need two teeth, can't buy them.
I need a reliable mode of transportation, can't buy one.
I need a safe, clean, place to live, can't buy one.
I'd need more food if I didn't also need teeth.
Why can't I afford teeth?
Because of the unreliable mode of transportation, unsafe, unclean place to live and the lack of energy made possible by the lack of tooth money, vicious it is.
He's talking about investors who have liquid assets to invest.
I've been chasing a liquid asset pool my whole life.
Build a meager one, bam, massive emergency expense, and lately the "booms" have been more frequent.
Canada may not have an inflation problem, Canadians do.
Not sure if paid shill or completely oblivious to the price of actual things that actual people buy.
We have an overpopulation problem and a problem with the lack of control on Realtors landlords and corporations that own thousands of buildings for rentals...it's funny news will cover how Canada's average rate of finances per home has raised by 20k roughly but they forget to tell you the amount of adults to a home on average has rose by 200% so basically a home with 4 adults only makes an extra 20k on average than homes in early 2000s with 2 adults ...it's disgusting we allow such overpopulation when I was a kid parents were mandated that kids get their own room now because of all these foreign fools we allow them to put 6 kids to a room in this "first world nation" that clearly shows how pour this country is and how destroyed it has become from lack of border control...we have millions homeless and we are expecting millions more to come here within the next couple of years how does that help our food costs and housing issues. It doesn't ffs enoughs enough send them home and to other countries stop financing pour countries start financing Canadian citizens
How can i get more profitable investment in the market? is this pump short getting wrecked and liquidated, or any
indication of whale, corporate treasury buys?
No inflation in Canada? I'm guessing this is the first time this guy has left his home since 2020
The inflation rate is arround 10%.......since 2018.....
It has Justinflation as a cancer for society
The BNN Canadian website is the pits : always link the WRONG vidoe + clips............
😂 be so rich that you can ignore the costly inflation
Inflation is the $$ it is the number of hours to earn the $$’s. If the cost goes down, it deflates goes up it inflates, while my wages and earnings stagnate. Inflation also goes up it the cost stays the same but my wages and earnings goes down. If my wages and earnings increase greater then my expenses then it deflates, regardless or the amount it increases.
Key is if my earnings subtract expenses causes my remaining finances to go up, it is deflationary, if it goes down it is inflationary. Regardless of the cost at the store, etc.
The inflation boogeyman sleeps under my Canadian bed I think
Yes Canada does. Wtf they talking about?
Hurry and take your money out of Wellington-Altus.
Yikes. Looks like this fellow has his head a bit in the sand, not factoring in the debt ratio of the government, companies and consumers. We are no where near to be in a bull market.
This journalist is really good at her job. The guy is pushing his narrative. Maybe true, maybe wrong we will see..
No, canda has a traitor problem. He's called Mr Dressup.
You can buy all the things no one wants for cheap, like Bitcoin
Don't tell me there is no inflation. Clearly you have not been a supermarket this past year. Strip out food and energy? I am sick of the BS.
Inflation is a problem. Seniors are losing what they earned and so is everyone else.
no Inflation HELLO HELLO McFLY MCFLY ARE YOU THERE
We have a bad prime Minister problem and environmental Minister nazi problem and a public safety Minister problem oh yeah and a freeloader problem!
Household disposable income up 3% in Q4 due to government transfers. 😅
Intentional self inflicted harm
Mass deportations would resolve the issue overnight
$9 for a pound of butter. Lies Lies Lies Lies.
Can't trust anyone who wears those kinda glasses. Tom Lee and him
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Go tell to the former middle class that can’t afford a decent living.
this video keeps removing my dislike!
No? Then what the h*ll is it and What planet are you ?
Wow, this guy smoking crack. A year later, and he's dead wrong.
That's some pretty funny stuff right there.... no inflation huh ? ...yeah... OK.
Reset.....
Great interview @Amber!
This is one of those videos where 2 years from now it will be a small part of a giant compilation of "that didn't age well" videos.
"Canada doesn't have an inflation problem." 😂😂😂
Pierre poilievre said that
Propaganda at its finest... Prices are 200% up on average all around and state media comes up with a random guy cherry picking fantasy numbers, yeah sure!
HAHAHAHAHAHAHAhahahahahahHAHAHAAHhahah ah ahhah HA AH HA HA HA hah aha aha aha ahaaaahh ha ha. Good one!
View from 30,000 feet.
Bitcoin is not contributing to the economy.
He seems to have all his teeth. On the surface it doesn’t seem like he smokes crack. But then he starts to speak…
....another "expert" OPINION. 🤡
Meanwhile my "Give-a-f**k-O-meter" is still reading zero.
hope no one invests money with this guy
Patience, buying the dip is hard when some prices are so low ;)
BWHAHAHAHAHAHAHAHHAHAHAHA talk about out of touch
Hahaha lies
BS
Lol. Lies