tag:blogger.com,1999:blog-5931453687256232017.post2313667398747880433..comments2024-03-19T11:22:15.250-04:00Comments on TANSTAAFL CANADA!: Meet Stephen Poloz – The Canadian PatsyUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5931453687256232017.post-60049394159775359312013-05-17T09:35:47.744-04:002013-05-17T09:35:47.744-04:00People have no concept of how central bank or macr...People have no concept of how central bank or macroeconomic policies affect their lives. The most recent example I saw of this was a guy commenting on the star saying this new dude "shouldn't dare raise interest rates" from his "ivory tower" and "penalize regular hard working people". Canadians have responded to five years of rock bottom interest rates by maxing everything out at 110% at said interest rates. These phd economists sure know a thing a or two about pushing the wrong macroeconomic levers. Meanwhile the mainstream media talks about them like celebrities without ever giving any context to their actions. Great post.Christopher Lackeyhttps://www.blogger.com/profile/02010205210893303286noreply@blogger.com