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Slava · 03-19-2010, 09:42 AM

I missed a few pages here, so my apologies if this is already covered somewhere, but I have a hard time seeing interest rates flying upwards. I do think that rates are going up, but this is likely a more slow and gradual increase. I say this for a few reasons:

1. An increase in rates means an increase in the already almost at par Cdn dollar. This means if they drive rates up too fast the dollar spikes and causes other problems for the economy that the central bank is not eager to have happen.

2. Inflation going forward is not as much of a concern as people might think. With the mountains of debt that we have both as governments and as general population the spending is just not there to drive up demand and increase prices.

I guess these things are silly to post, because if/when I'm wrong someone will pull this post out in a couple of years and give me the tried and true "told ya so", but I figured that I would put it out there anyway.

03-19-2010, 09:42 AM	#796
Slava Franchise Player Join Date: Dec 2006 Location: Calgary, Alberta Exp:	I missed a few pages here, so my apologies if this is already covered somewhere, but I have a hard time seeing interest rates flying upwards. I do think that rates are going up, but this is likely a more slow and gradual increase. I say this for a few reasons: 1. An increase in rates means an increase in the already almost at par Cdn dollar. This means if they drive rates up too fast the dollar spikes and causes other problems for the economy that the central bank is not eager to have happen. 2. Inflation going forward is not as much of a concern as people might think. With the mountains of debt that we have both as governments and as general population the spending is just not there to drive up demand and increase prices. I guess these things are silly to post, because if/when I'm wrong someone will pull this post out in a couple of years and give me the tried and true "told ya so", but I figured that I would put it out there anyway.