Quote:
Originally Posted by Fuzz
That's the logical conclusion. It's not like the BoC or all the experts who know how the systems work want us to suffer. It's not as if they have secret levers that could fix this they aren't pulling. Can you criticize timing or size of moves? Sure. But the general solution is always going to be the same.
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I'm not entirely sure in the suffering bit but what is pretty clear is that the BoC has a pretty ####ty way of communicating things to us commoners. It doesn't sound very encouraging to hear the BoC saying things like high employment is causing inflation and that people should expect to lose their jobs and that wage increases are driving inflation.
Tiff has been going pulling pages out of the Prentice playbook and using the "look in the mirror" reasoning on us.