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Freeland and interest rates...a question?

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  • bucket
    Senior Member
    • Jan 2008
    • 17027

    Freeland and interest rates...a question?

    The other day watching the news the finance minister Freeland said interest rates were low and the government should borrow so Canadians don't have to?

    First, who does she think she is actually borrowing for and who is going to pay it back?

    Second if CEBA can provide interest free 40000 and a grant of 25 percent why are cash advances not completely interest free with a 25 percent grant at the end as well.

    Third why are the farm groups not picking up on these facts ?

    And fourth why are conservative MPs so quiet?

    Farmers contribution to the economy during the pandemic from seeding a crop to keeping railways and graincos and other with something to do would probably mean that saying about 1 in 8 jobs are agriculture related probably moved to 1 in 5 jobs in Canada...

    And not to be left out the ranchers seemed to get all their work done as well...which meant they contributed as well...

    Disclaimer: This is not whining ...just presenting facts....
    Last edited by bucket; Oct 1, 2020, 06:33.
  • LEP
    Senior Member
    • Feb 2007
    • 2493

    #2
    Originally posted by bucket View Post
    The other day watching the news the finance minister Freeland said interest rates were low and the government should borrow so Canadians don't have to?

    First, who does she think she is actually borrowing for and who is going to pay it back?

    Second if CEBA can provide interest free 40000 and a grant of 25 percent why are cash advances not completely interest free with a 25 percent grant at the end as well.

    Third why are the farm groups not picking up on these facts ?

    And fourth why are conservative MPs so quiet?

    Farmers contribution to the economy during the pandemic from seeding a crop to keeping railways and graincos and other with something to do would probably mean that saying about 1 in 8 jobs are agriculture related probably moved to 1 in 5 jobs in Canada...

    And not to be left out the ranchers seemed to get all their work done as well...which meant they contributed as well...

    Disclaimer: This is not whining ...just presenting facts....
    Uhm , it’s whining.
    Last edited by LEP; Oct 1, 2020, 07:36.

    Comment

    • ajl
      Senior Member
      • May 2008
      • 3245

      #3
      I wonder if somebody as empty headed as freeland is able to understand that the reason interest rates are low is because the government is printing the money. Under no circumstances in a free market environment would you have unprecedented demand for borrowed money and low interest rates at the same time.

      Comment

      • FarmJunkie
        Senior Member
        • Feb 2018
        • 918

        #4
        She’s dumb. Period. Sunshine and rainbows!

        Comment

        • bucket
          Senior Member
          • Jan 2008
          • 17027

          #5
          Bobblehead....she is always twitching....wtf is wrong with her?

          Comment

          • furrowtickler
            Senior Member
            • Dec 2004
            • 21880

            #6





            Liberals look at things differently... lol

            Comment

            • TASFarms
              Senior Member
              • Feb 2014
              • 1341

              #7
              Her grandparents got too much exposure from running gas chambers

              Comment

              • Austrian Economics
                Senior Member
                • Feb 2020
                • 365

                #8
                Freeland, like every other Keynesian, never questions why interest rates are so low, but merely takes that as a signal to borrow ever more at a faster and faster pace. The fact that this should be taken as a sign of a failing fiat currency and a very sick economy never occurs to people like her.

                Comment

                • macdon02
                  Senior Member
                  • Sep 2007
                  • 1858

                  #9
                  be interesting to see if it happens, wide scale govt default.

                  Comment

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