LifeFuel Bank of Canada Raised Interest Rates, Federal Rate now 5%

[Intellectual]

I'm poppin champaign. This is good for all incels who are earning income as their largest form of wealth increase. It hurts those who generate wealth through holding assets.

 

[RandomGuy]

I am cashing out save sum healthcare and soda stonks. The market is too frothy from weak dollar. Crude oil fueling the fire.


View: https://youtu.be/-V0L7Y4N8VQ



A frothy market describes conditions where stock prices artificially increase based on market sentiment, not business fundamentals. Excitement and novelty are key drivers of market froth.

 

[Intellectual]

Federal rate hike hurts my income, but is beneficial to my savings so it's a double edged sword.

How does it hurt your income?

 

[ElTruecel]

Federal funds rate

 

[blackpillscience]

Canada isn’t a real country

 

[Intellectual]

It effects exchange rates

What's your occupation where that hurts your occupation? Are you a Canadian being paid in USD?

 

[Trannydestroyer]

Canada isn’t a real country

 

[Intellectual]

I thought it was about USD, nvm.

So are you paid in CAD but live in USD? How would you believe that the FED hiking interest rates hurts you in any way?

 

[blackpillscience]

If it wasn’t for the USA it would of been invaded already for its resources

 

[Intellectual]

If it wasn’t for the USA it would of been invaded already for its resources

Thank God for USA then