Isn't that basically what a land value tax does?
frostbiker
joined 2 years ago
Raising interest rates won’t fix inflation driven by gas prices.
Raising interest rates will not reduce the price of gas. However, it will reduce inflation in other ways. Higher interest rates decrease the demand for credit and encourages people to pay back their debts faster, if they can. This deleveraging reduces economic activity in other areas, easing demand and thus reducing inflation.
I am not an economist, but I won't pretend to know more than the BoC either.
Gun advocates will point out that these are unlicensed firearms and thus tightening regulations will not reduce crime. I agree with that.
At the same time, they rarely offer alternative solutions to reduce gun violence in our cities. We know from our neighbors down south that facilitating legal gun ownership isn't the solution either -- among developed nations they are unique in the amount of gun violence they suffer, and accessibility to firearms is obviously a large factor in that.
So, what can we realistically do about this?
Houses, food and rents prices are unhinged.
Higher interest rates lower inflation. That is why the BOC has been rising them
The country’s economy had a net regression for the first time in years
The main goal of central banks is keeping inflation around 2% per year, even if that causes a recession.
An asylum seeker that jumps from one developed country to the next is no longer seeking safety, and thus should be subject to the same rules as any other immigrant.
Unless we fix the mandatory car ownership prevalent in most of North America, it really should be treated as almost a right. How else are people going to realistically safely get where the need to go?
Just think for a moment about what you just said: "[car ownership] should be treated almost as a right". I.e. it shouldn't really matter how terrible of a driver you are, you should pretty much guarantee that you will be allowed to drive.
Well, that is how it already works today, and look at how safe the roads are. The lack of safety is a consequence of allowing shitty drivers to stay on the road.
Maybe we should do the opposite: have more stringent licensing requirements for heavier vehicles. Maybe if only good drivers were allowed to operate heavy machinery like pickup trucks and SUVs then the roads would be safer for everyone as the worst drivers would have to use lightweight vehicles, which are less deadly to others.
And if we took away people's cars along with their driving license when they drive dangerously, it would be even better.
A carbon tax does a better job at incentivizing low-carbon alternatives at all scales, from trains and more efficient airplanes down to e-bikes.
Two wheeled vehicles aren’t that useful in actual winter snow and ice
Most cars aren't that useful in actual winter snow and ice. That's why we plow the roads.
I bike in Canada. Bicycles work just fine with winter tires, just like cars. You don't even need a fat bike as long as the road is plowed.
There is plenty of precedent of non-religious informal rules around clothing. E.g. men wearing skirts, dresses, or soft "feminine" colors. Do those informal rules bother you as well? Should we change the law accordingly, or are we okay with informal norms of conduct in that case?
In Spain you are allowed to walk around naked on any public spaces, with very few exceptions. It doesn't happen very often in practice, but it's allowed.
go fuck yourself you condescending wilfully ignorant fascism enabling prick
I will do so thinking of you 😘
You got it wrong at the point where higher interest rates increase demand for credit. It is the other way around: when interest rates are high, fewer people want to go into debt. On the contrary, not only fewer credit products are purchased, but also people try to repay their existing debts faster.
So while there is a temporary increase in mortgage repayments of existing mortgages, fewer new mortgages are signed and the demand for other products and services is also decreased because the money people spend in repaying debt is money they are not spending elsewhere.
I hope it makes sense.