01-22-2023, 09:52 PM
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#892
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Lifetime Suspension
Join Date: Jul 2012
Location: North America
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Quote:
Originally Posted by pseudoreality
I disagree. That is not a good analogy. Nelson's intent is for Milhouse to be hit and he has no other considerations. Raising the overnight target rate has the side effect of raising variable rate mortgages, but that's not why they are doing it or even factoring into the decision much. Also, the majority of mortgages are fixed anyway. The Bank of Canada isn't sitting around a table debating on whether they should raise people's mortgages.
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https://twitter.com/user/status/1608880905673920513
It’s all intertwined.
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