Random Thoughts: TGIF
TGIF for the first time in a while? Check out this blog post for an interesting mix of financial DIY, inflation, alcohol and the Bank of Canada. Random.
TGIF for the first time in a while? Check out this blog post for an interesting mix of financial DIY, inflation, alcohol and the Bank of Canada. Random.
In the summer of 2009 we hoped that the recession was finally over, but it really wasn’t quite done tormenting us.
In this sharp-tongued commentary, the question is posed: how much economic stimulation is too much? With bailout packages, infrastructure spending, and central bank liquidity injections flowing freely in 2009, this post questions whether stimulus has become a substitute for structural reform. Mixing wit and wariness, it explores the unintended consequences of “stimulation”—debt, inflation, and moral hazard—and challenges the reader to ask whether all this economic energy is really fixing the problem or just postponing it.
Keywords: stimulation, economic stimulus, government spending, 2009 recession, bailouts, economic recovery, financial crisis response, inflation risk
In April 2009, the Bank of Canada shocked the financial world by lowering its key overnight rate to just 0.25%, marking the brink of “free money” territory. This post captures the economic anxiety of the time: a collapsing economy, deflation fears, and uncertainty around whether the big banks would pass the savings on to consumers. Through a personal and humorous lens, it examines how rapidly shifting interest rates reshape our expectations about inflation, savings,
Learn about the significance of RRSP season and how it can impact your taxes. Discover strategies to maximize your contributions and reduce your tax load.