Quote:
Originally Posted by Claeren
Hopefully by next year we will see prime in the 7%-8% range! See some sanity come back to the housing market...  |
I sure hope that prime doesn't hit 7 to 8%. That will cripple the economy.
and we will for sure go from the boom to the bust.
No offense claeren, but there is no factual reason to increase interest rates like this...inflation across canada is not rampant and there is no reason to decrease the money supply.