Why Canada Can Avoid Banking Crises and U.S. Can’t

[Kuciwalker]

Reasonable behavior with unreasonable expectations.

It wasn't unreasonable to expect the Fed to not monstrously **** up after it had spent three decades not monstrously ****ing up.

[Kuciwalker]

Also we don't even want people to hedge against central bank malpractice. Such hedges often have negative social value.

[Sava]

Also we don't even want people to hedge against central bank malpractice. Such hedges often have negative social value.

go play your bongo drums somewhere else you occupy hippie

[giblets]

Also we don't even want people to hedge against central bank malpractice. Such hedges often have negative social value.

How do people hedge against central bank ****ups?

[kentonio]

Oh, no? Sure they will. Those are the best clients. Ones with actual money.

Wow, that's some stupid **** right there.

[snoopy369]

How do people hedge against central bank ****ups?

Buying a lot of gold, etc.

[Sava]

Buying a lot of gold, etc.

derivative trading

Though, as powerful as these "too big to fail" banks are... one wonders if the bet against the economy is comparable to a prize fighter throwing the match.

[Ben Kenobi]

Kentonio:

There are two kinds of businesses. One that makes money off thin margins and large volumes, and another that makes money selling stuff to people who have money. Guess which businesses are doing well these days?

[Ben Kenobi]

How do people hedge against central bank ****ups?

By buying precious metals, holding stashes of valuable commodities, working for barter instead of for cash. Taking savings out of the economy of one nation and putting it in another.

[Ben Kenobi]

No wonder you teach retards.

If your rate of return > interest rate on the loan why wouldn't you want to borrow the banks' money?

[Docfeelgood]

Because Canada doesn't have a 16+ trillion dollar dept?

[Felch]

How do people hedge against central bank ****ups?

Guns, canned food, hashish.

[Sava]

Because Canada doesn't have a 16+ trillion dollar dept?

Explain to the class how the national debt contributes to a banking crisis.

[Docfeelgood]

Explain to the class how the national debt contributes to a banking crisis.

Sorry bro, economics not my area of understanding.

[Sava]