Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "CBC News" channel.

Getting rid of the central bank = good Jumping on the USD? Meh? I mean, it will keep them afloat in more desperate times for sure, BUT it completely ties Argentina to the fate of the USD. If anything happens to the economy in 2023/2024; the banks will slash interest rates and inflation will surge again in 2025/2026. Argentina will experience it all the same, maybe even worse.
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@plonk7 Oil is always secondary in the market; I know many try to say otherwise, but I don't buy it. When the Federal Reserve gives a print order to the Treasury; those newly printed bonds get sent out to reserve banks. Then they are diversified into mortgages, auto loans, and so forth. New inflation ALWAYS hits the bond markets, real-estate, and auto industry first. The demand associated with that influences fuel prices.
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Believe me, if you let your government get away with this. Eventually, they will control exactly what you eat, what commodities you purchase, what you say, then what you think. Here's a yummy ration of broccoli with some oats for breakfast, lunch, and dinner SERF! Eat up and thank you master for his generosity! I worry about the future we are building for our children.
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Seems kind of odd to consider (getting rid of central banks) and (crony government agencies) 'extreme'. It seems to be the most rational solution, considering the state of the economy that has been caused by central banks and administrative bureaucracy. In the US, the healthcare system is on it's knees because insurance companies and business administration got married under the Obama Administration. Now they get to dictate procedures, cost, and care policies. At the same time, Trump was very avid about abusing the powers of the central banks (and appointed Jerome Powell) to drive interest rates extremely low to pump the market when he was going for re-election. It's also led to insane inflation these past 2 years. Both need to go away!
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