Run on the banks in Canada.

[SunTrader]

HUH?
They could have retained the power to invoke emergency powers also
But they invoke the emergency power but stopped enforcing the money theft......must be a logical reason for that....It was a political problem.....sorry if that is to complicated for you to understand

If that is what you have to tell yourself to be able to sleep at night - without looking underneath the bed first. Have at it.

 

[Mercor]

If that is what you have to tell yourself to be able to sleep at night - without looking underneath the bed first. Have at it.

The people fixed Trudeau

 

[ET180]

I truly believe that the day will come where there won't be anything that a government can do about their fiat currency. It might take a while for this to happen to the USD or Canadian dollar, but once the slide starts, it will be ugly. Look at home some governments have to raise interest rates to double digits just to stabilize their currency. This clearly won't be possible given the debt of these so called first world currencies. The market will eventually decide who goes down next, and when a clear bridge to get off fiat like crypto is growing every day, the move will perhaps be an easy one for the majority to see.

That won't happen. You don't get elected by allowing a small minority of people to do easily escape financial disaster when their moves out of the local currency only serve to undermine it and the security of their neighbors. Government controls the exchange of crypto for the local currency. They can mandate that all transactions happen in the local currency and any attempt to exchange the failing currency for another currency (or precious metal ETF) get blocked. That's easy to do today even without CBDCs. Yes, ideally I'd certainly prefer an independent currency outside the control of government, absolutely.

 

[SunTrader]

View attachment 278926

The people fixed Trudeau

After he had all the Jethro's removed. Sorry reality gets in the way:

 

[Mercor]

After he had all the Jethro's removed. Sorry reality gets in the way:
View attachment 278927

Now Reality.....

 

[NoahA]

and any attempt to exchange the failing currency for another currency (or precious metal ETF) get blocked

This mandate will have the opposite effect of bringing calm and stability. When people see a fire and you tell them not to run, what do you think happens?

 

[piezoe]

What run on the banks?

 

[Frederick Foresight]

What run on the banks?

I think maybe the OP is just having a case of the runs.

 

[virtusa]

This mandate will have the opposite effect of bringing calm and stability. When people see a fire and you tell them not to run, what do you think happens?

In Russia, China and North Korea it works very well. People don't run there, they just obey.

 

[murray t turtle]

In Russia, China and North Korea it works very well. People don't run there, they just obey.

%%
IN many cases\they do, because in CUBA,like the nations you noted \ its ''cut cane or go to jail''
And many in the church+ some in the private sector know '' payday someday.''
NOT only does lightening strike some 26,000+/ people per year...... In Romania, commies put so many stinkin' rules on gasoline, Romanian dictator ran out of gas + the military shot him like a dead duck . Payday someday.
Some people simply leave ''evil empires''