Quote:
Originally Posted by bizaro86
I mean, the governor of the Bank of Canada went on TV and said Canadians should spend money because he'd keep rates low for years.
A reasonable person could have used that information to make decisions around variable vs fixed, etc. He should have known better since he was actively participating in causing inflation.
The people who think the system is out to get them, stuff like that is what causes it. A powerful government figure lied to Canadians ina way that probably really hurt some people.
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Oh come on. You know they weren't outright lying to people, and you're smarter than that. Did their predictions/forecasts end up off? Sure. But obviously they had to change course, and I'm not sure what else people would expect at that point?