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Do you believe this is a result of Fed policies? Do you think we would have had significant deflation had the Fed done nothing?

How do you know this? Are you able to give any specific examples of a central bank staying out of a financial collapse, taking the pain, and then seeing the economy emerge in far better shape? For what it's worth, I agree with you on the pain part. But I am not so sure the economy would...

Obviously regulation was adequate in Canada, and inadequate in other countries (USA, Europe). I am a shareholder of Scotiabank, and I am in favor of adequate regulation, which I believe is what is currently in place (as evidenced by Canada's strong financial system). But as a shareholder, I...

No answer to my question regarding what you think would have happened had the Fed done nothing during the collapse? You shouldn't be speaking so definitively about a subject you have no knowledge on.

Ummmm....no. This is not how it works.

Care to elaborate? From what I am gathering, his point is that many of the new regulations for banks won't help to prevent the next financial crises. He's also warning about over-regulation. Obviously there is a conflict of interest here because he's the CEO of a bank, and more...

http://www.reuters.com/article/2011/04/05/scotiabank-regulation-idUSN0520401020110405?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&rpc=43 "Financial regulation will not prevent the next financial crisis and it can work against firms in financially sound countries such as...

Well then answer me this - what do YOU think would have happened if the Fed had done nothing during the collapse?

Hey, don't take your anger out on me. I know inflation will eat into your unemployment checks, but try to see the big picture.

Huh? He stabilized what would surely have been widespread deflation, and now we are seeing the other side start to come through. Given the amount of debt your country is in, I would think you would appreciate his efforts to avoid default.

Stop quoting yourself, it doesn't advance your argument any...

On the whole, I think the Fed's policies are going as intended, yes. There is even talk about suspending QE2 short of the original target. I'm not sure why you "blame the Fed for everything in life" people are upset if Bernanke changes his tone? Quite frankly, things are playing out...

There was deflation, then stability, now we're starting to see some minor inflation. I fail to see the problem here? Isn't everything going as intended?

Why take economic advice from a community organizer?

I got the same PM. Disgusting.

*Sigh* mods asleep again. Bearice posting politics in Economy forum again. Shock me.

I wouldn't say there is a pro-Liberal movement. The polls still have the Conservatives with minority government support. The west has it figured out - a lot of Harper support. We need Ontario to wake up and get off of their "vote Liberal" stubbornness. I do think the province is starting to...

+1 The guy spends his entire life living outside of Canada, and now suddenly comes back and wants to be Prime Minister?

I've been waiting for you to put your negative spin on this article! So where is it? Let me guess - housing is about to collapse at any moment, right? :D

All of our progress could be destroyed by a Liberal election victory. :mad: