Re: Cryptocurrency: What rate of theft from you is required for a productive economy?

US Govt politician declares "We're govt, we will debase you!" Globalist WEF type cunt politician caught on video, "How can we trick them to spend, else we're going to just take their money!" Canadian Govt Chrystia Freeland "We're going to RAID your savings accounts!" https://v.redd.it/k0j9j36wpqza1 Parse these politicans words carefully, THESE ARE NOT CONSPIRACY THEORIES, these are actual pre-planned global and national criminal conspiratory actions and conspiring actors performing criminal acts of theft debasement taxation robbery and enslavement, these SocComDemMarx Globo fucks are out to impoverish and disempower you. It's all in their videos. Canadian government: What if we could raid your savings accounts? [–]Cheap_Wolverine1176 186 points187 points188 points 1 day ago All I hear is "buy btc and store it on a hardware wallet" permalink embed save report give award reply [–]Mostofyouareidiots 75 points76 points77 points 1 day ago Whoa there comrade, that sounds like some kind of "preloaded stimulus". You should give it to the government instead! I'm sure there is some lazy fatass who needs it more than your hardware wallet. permalink embed save parent report give award reply [–]Right_Willow 18 points19 points20 points 1 day ago Woah, woah, woah… excuse me… “lazy fatass”? You mean the corporations and industries that are going to claim 70% of the “preloaded stimulus” whilst the “people” fight for the scraps? permalink embed save parent report give award reply [–]Mostofyouareidiots 4 points5 points6 points 1 day ago Yeah them too, same description :D permalink embed save parent report give award reply [–]ohnowheredmypantsgo 3 points4 points5 points 1 day ago Lol and then the government starts seizing and banning hardware wallets. 🤦🏼‍♂️🤦🏼‍♂️ permalink embed save parent report give award reply [–]fisherprice1234_1776 2 points3 points4 points 1 day ago My toddler flushed it... permalink embed save parent report give award reply [–]ohnowheredmypantsgo 2 points3 points4 points 1 day ago “My son flushed those drugs too” permalink embed save parent report give award reply [–]Professional-You5800 1 point2 points3 points 1 day ago Why does this work? permalink embed save parent report give award reply [+]Responsible_Cod_1453 -13 points-12 points-11 points 1 day ago Thought crypto is here to be used as new fiat not to lay in a hardware wallet like those savings of fiat in people's accounts. permalink embed save parent report give award reply [–]KAX1107[S] 6 points7 points8 points 1 day ago Bitcoin, yes permalink embed save parent report give award reply [+]Responsible_Cod_1453 -7 points-6 points-5 points 1 day ago Then again why put it in a hardware wallet and not use for what it was made for? permalink embed save parent report give award reply [–]Right_Willow 8 points9 points10 points 1 day ago Why put your money in a bank & let other people use it? permalink embed save parent report give award reply [+]Responsible_Cod_1453 -7 points-6 points-5 points 1 day ago I see my Ballance in the bank the same not some stranger using it. If you're planning to hoard it there is no difference if you hold fiat or BTC in the end. permalink embed save parent report give award reply [–]Correct-Log5525 7 points8 points9 points 1 day ago You do not accurately understand your relationship with your bank.. you are a creditor permalink embed save parent report give award reply [–]Responsible_Cod_1453 -3 points-2 points-1 points 1 day ago Guess you know better what I signed. permalink embed save parent report give award reply [–]Correct-Log5525 5 points6 points7 points 1 day ago If you opened a bank account in the US with a US bank then that is your relationship... You are a creditor permalink embed save parent report give award reply [–]Responsible_Cod_1453 -1 points0 points1 point 1 day ago Not everyone is from US. permalink embed save parent report give award reply [–]Responsible_Cod_1453 0 points1 point2 points 1 day ago You do know that not everyone is from US but I catch your drift. permalink embed save parent report give award reply continue this thread [–]ItsMeMulbear 0 points1 point2 points 1 day ago Few businesses are willing to accept it thanks to the insane tax treatment it recieves from this authoritarian government. permalink embed save parent report give award reply [–]Myl0high 0 points1 point2 points 1 day ago Yup permalink embed save parent report give award reply [–]leplouf 58 points59 points60 points 1 day ago Can't wait for CBDC money with expiration date. permalink embed save report give award reply [–]nigeypigey 20 points21 points22 points 1 day ago This is a terrifying thought. permalink embed save parent report give award reply [–]MakeTotalDestr0i 5 points6 points7 points 1 day ago it's called demurrage currency permalink embed save parent report give award reply [–]teleprint-me 7 points8 points9 points 1 day ago Saving others some time on the research front because I had to look this up: ``` Understanding Demurrage In the context of currencies and commodities, demurrage refers to the various costs of owning the currency or commodity in question. For example, currency holders may need to pay account fees, whereas holders of commodities such as gold and silver may need to pay insurance and storage fees as well. Economically speaking, higher demurrage costs will likely increase the velocity of money by making it less attractive for investors to store their wealth in these types of instruments. Conversely, high demurrage should incentivize investors to place their wealth in yield-generating assets such as dividend-paying stocks or fixed-income instruments. Depending on your perspective, high demurrage may be positive or negative for economic performance. For instance, some would argue that demurrage costs are helpful because they encourage investors to deploy their savings into the real economy rather than "hoarding" them in inert assets. But others argue that, by storing wealth in assets such as cash and gold, investors help the economy by contributing to its base of quality collateral. After all, cash stored in bank accounts can be used as the bank’s collateral base, allowing them to extend more loans and thereby supporting the economy. Similarly, holders of precious metals can borrow against those assets or sell them at a later time to fund their investments. ``` Sauce: https://www.investopedia.com/terms/d/demurrage.asp permalink embed save parent report give award reply [–]onicrom 3 points4 points5 points 1 day ago A few years ago the government passed a law preventing gift cards from expiring. I suspect the same law would prevent cdbc from expiring … but agree, terrifying permalink embed save parent report give award reply [–]greestaspdy 0 points1 point2 points 11 hours ago In my opinion, the introduction of CBDCs will likely drive increased adoption of crypto, especially in the privacy field, as individuals will always seek to maintain control over their financial privacy. permalink embed save parent report give award reply [–]AnOrdinaryMammal 214 points215 points216 points 1 day ago “Wait, you’re saving money that you earned? We’ve gotta find a way to get a piece of that.” permalink embed save report give award reply [–]PeterNakamotoredditor for 6 weeks 65 points66 points67 points 1 day ago Yes because it wouldn’t have been taxed already 🤯🥹 permalink embed save parent report give award reply [–]Mostofyouareidiots 51 points52 points53 points 1 day ago Thieves always want more permalink embed save parent report give award reply [–]Effective-Action5706 27 points28 points29 points 1 day ago Psychopaths want more permalink embed save parent report give award reply [–]HarryBallzak62 17 points18 points19 points 1 day ago Thieving psychopaths want the most. permalink embed save parent report give award reply [–]eat-lsd-not-babies 5 points6 points7 points 1 day ago Thieving psychopath politicians are foaming at the mouth to have a word with you about your extended savings permalink embed save parent report give award reply [–]HarryBallzak62 0 points1 point2 points 1 day ago I know nu—thing nu—thing! permalink embed save parent report give award reply [–]skystarsss 11 points12 points13 points 1 day ago Everything you do with money, we need to tax that! permalink embed save parent report give award reply [–]j_stars 0 points1 point2 points 1 day ago Central planners (gov) have blown the biggest debt bubble in history then crashed the economy for a bug as dangerous as the flu for those under 70 yrs old. Now the central planners want to access savers accounts and work more of their central planning magik. And soon, central planners will impose central bank digital currency allowing even more mismanagement. permalink embed save parent report give award reply [+]WheelieGoodTime -13 points-12 points-11 points 1 day ago* You realise she means more incentivise spending rather than straight up taking people's money... Right? Edit: Would you be mad if there was a cashback scheme for people going out to eat in restaurants? Or a tax break for people buying groceries or workwear, etc? Or $250 off your energy bill every couple months? That's what's up in Australia... permalink embed save parent report give award reply [–]New_Painting5190 13 points14 points15 points 1 day ago "Incentivised spending" is the new "you better spend that money you honestly earned before we print 100x more to render it useless you MoFo"! permalink embed save parent report give award reply [–]R4T_4TT4CK 3 points4 points5 points 1 day ago Title seems misleading. permalink embed save parent report give award reply [–]Cleftex 3 points4 points5 points 1 day ago Trudeau's father introduced capital gains tax in Canada. Wouldn't put it past Jr. to increase it or even consider a capital levy. Freeland and Trudeau are truly unhinged - they spend every waking day trying their best to make this country harder to get ahead in. permalink embed save parent report give award reply [–]WheelieGoodTime 0 points1 point2 points 1 day ago Uhh, capital gains hits the rich harder than the poor and middle-class, ya bootlicker. Regardless, this is clickbait that everyone seems happy to misinterpret. permalink embed save parent report give award reply [–]AndyZuggle 1 point2 points3 points 1 day ago The capital gains tax, like all taxes, is a tax on the middle class. Rich people have tricks to avoid taxes, including the capital gains tax. permalink embed save parent report give award reply [–]Cleftex -1 points0 points1 point 1 day ago Yeah obviously - she's talking about how to get more money out of accounts owned by people who could afford to save a lot during the pandemic? permalink embed save parent report give award reply [–]WheelieGoodTime -1 points0 points1 point 1 day ago So would you be mad if there was a cashback scheme for people going out to eat in restaurants? Or a tax break for people buying groceries? Or $250 off your energy bill every couple months? That's what's up in Australia... permalink embed save parent report give award reply [–]Cleftex 2 points3 points4 points 1 day ago Anything Australia does is probably an excellent example of what not to do - their economy is in shambles permalink embed save parent report give award reply [–]WheelieGoodTime -2 points-1 points0 points 1 day ago You know you've made a good point when they ignore it in its entirety and make a broad statement about the least relevant part permalink embed save parent report give award reply [–][deleted] 1 day ago [deleted] [–]theNeumannArchitect 5 points6 points7 points 1 day ago It’s not really hysteria. It’s just concerning for your government to say “we’re keeping tabs on how much money you have in savings. We know how well off you are. We’d like to create policy to discourage you from saving that money.” 10 to 20 years ago if a governing body said that people would of been incredibly disturbed. Now it’s just expected that the government knows everything about you. On top of that, do your fucking job government. Me keeping cash in savings isn’t what’s causing macro economic turbulence. And trying to prevent people from saving that money isn’t a solution. permalink embed save report give award reply [–]DarthWeenus 3 points4 points5 points 1 day ago Its the 'we'd rather people do this volunteerly' part I think that is fucking with peoples head. Why would you say that if you're entire purpose is to find ways for people to spend the money they are saving? How bout make shit not so expensive relative to how much people make so they have more disposable income. Instead people buy entertainment things that just goes straight into big mega corps bank accounts. Its just a fucked transfer of wealth and the state wants theres back. But people arent traveling like they used to and spending it on local things. permalink embed save report give award reply [–]nyc2pit 0 points1 point2 points 1 day ago You are probably right, but her choice of words is awful. I'm sure what's being implied is not what she's actually implying, but it sure as hell sounds like it. permalink embed save parent report give award reply [–]facepalm5000 223 points224 points225 points 1 day ago That's disgusting. The fact that she's soliciting ideas means she's trying to make people feel entitled to other people's savings. She's soliciting popular support in eroding property rights. permalink embed save report give award reply [–]bowlingfries 92 points93 points94 points 1 day ago You will own nothing permalink embed save parent report give award reply [–]darthnugget 52 points53 points54 points 1 day ago And be happy. permalink embed save parent report give award reply [–]StrivingPlusThriving 37 points38 points39 points 1 day ago Pre-loaded happy. permalink embed save parent report give award reply [–]nateatenate 16 points17 points18 points 1 day ago Then post-loaded sad again. permalink embed save parent report give award reply [–]nateatenate 1 point2 points3 points 1 day ago Then post-loaded sad again. permalink embed save parent report give award reply [–]swelliam 0 points1 point2 points 10 hours ago In Soviet Russia, your assets own you. permalink embed save parent report give award reply [–]catgut65 25 points26 points27 points 1 day ago She's not soliciting ideas. She's SAYS she's soliciting ideas. She has already decided what will be done and it is the idea that the public will soon overwhelmingly suggest, anonymously. permalink embed save parent report give award reply [–]striata 11 points12 points13 points 1 day ago* Yeah this is appalling. I was planning on spending money in society, but now that I watched this and learned that the government wants to incentivize spending, I feel like I've lost my agency and that I'm only a puppet to the state. Dinner? Not tonight. That vacation I was planning this summer? Bye bye. Cinema tickets? Fuck no! permalink embed save parent report give award reply [–]Spirit_409 21 points22 points23 points 1 day ago she has the idea they will take savings they just want some marxist citizens to say it so they can deflect blame for eroding property rights i hope the people dump all their savings into bitcoin permalink embed save parent report give award reply [–]Sele81 7 points8 points9 points 1 day ago They will find a way once again to make majority support this idea. permalink embed save parent report give award reply [–]Born_Wave3443 6 points7 points8 points 1 day ago Never underestimate peoples' ability to justify something to themselves. Seriously. You can justify anything to yourself if you try hard enough. This goes double if you are incentivized in some way, be it by fear, self-doubt, or personal gain. permalink embed save parent report give award reply [–]facepalm5000 0 points1 point2 points 9 hours ago You're so right on that. People will tell themselves whatever story they need to hear to feel better about what they did or what they think permalink embed save parent report give award reply [–]hjec 8 points9 points10 points 1 day ago Bitcoin ... just saying ... permalink embed save parent report give award reply [–]MC_B_Lovin 3 points4 points5 points 1 day ago She’s essentially saying “Eat the rich” permalink embed save parent report give award reply [–]MakeTotalDestr0i 10 points11 points12 points 1 day ago nah they will take the money and give it to corporations. just like the stimulus that went 8:1 to corporate handouts. permalink embed save parent report give award reply [–]djstocks 3 points4 points5 points 1 day ago Sweet summer child... permalink embed save parent report give award reply [–]SaganFan19 -1 points0 points1 point 17 hours ago Entitled to other people's savings? All I hear is that they're looking for ways to incentivize Canadians to spend some more of their savings. Where are people getting theft from this soundbite? permalink embed save parent report give award reply [–]cocoabeachbrews 87 points88 points89 points 1 day ago “Pre-loaded Stimulus” - notice how they have a nice friendly name for stealing your shit from you. permalink embed save report give award reply [–]Mostofyouareidiots 25 points26 points27 points 1 day ago Stimulus is a good thing, right? And look- it's already preloaded! permalink embed save parent report give award reply [–]hakkai67 14 points15 points16 points 1 day ago George Charlin is turning in his grave. He foresaw that shit over 20years ago. permalink embed save parent report give award reply [–]Mostofyouareidiots 5 points6 points7 points 1 day ago "I think people in America sold out very cheaply, for sneakers and cheeseburgers. And I don't think it's fixable" George Carlin permalink embed save parent report give award reply [–]InspectorG-007 3 points4 points5 points 1 day ago Ala "removal with extreme prejudice" permalink embed save parent report give award reply [–][deleted] 1 day ago [deleted] [–]Ur_mothers_keeper 11 points12 points13 points 1 day ago* Ok, let's take that then for a second. She's talking about how to get people to blow their savings. What kind of a healthy society wants people to blow their savings? And how do you incentivize that? Shiny things? Make saving not worthwhile? Think about what it means to make saving money less attractive than blowing it. When these people talk about problems like "less than such and such percentage of people couldn't afford an unexpected emergency expense" and living paycheck to paycheck, theyre talking about a potential existential threat to the social fabric. Then, in pretty words, they come and dress it up as a good thing, "stimulate the economy". Theyre setting incentives to cause these problems, problems that have lead to the hollowing out of western society and culture. How do you feel about consumerism and cheap plastic crap being churned out by the fuckton? Do you not see the connection between these policies and the state of our societies today? Now, imagine these people aren't swayed. The government puts commercials on CBC about how fun it is to drink mojitos on Toronto or spend the summer in a sleepy village in Labrador, but alas, nobody is biting. You think the government, the people that make the laws, are just going to stop there? Throw their hands up and say "we tried"? Or do you think they'll come up with more, shall we say, motivating ways of getting these people to part with their money? When she said "if it can happen by itself that's the best case scenario" what alternatives do you think she has in mind? permalink embed save report give award reply [–]lgieg 4 points5 points6 points 1 day ago That’s exactly right she is saying the evil part out loud , it’s up to us to “hear” it. permalink embed save parent report give award reply [–]watchingtheweasels 4 points5 points6 points 15 hours ago Negative interest rates, CBDCs with expiring money or a cap on what can be saved, CBDCs with a "bonus" if they are spent, some combination of this. There are many different ways to herd sheep. permalink embed save parent report give award reply [–]hodlyourground 83 points84 points85 points 1 day ago How about you get your grubby hands the fuck out of my pocket permalink embed save report give award reply [–]MakeTotalDestr0i 23 points24 points25 points 1 day ago those aren't grubby hands those are heavily moisturized hands , delicate and unsullied by a day of hard work permalink embed save parent report give award reply [+]WheelieGoodTime -11 points-10 points-9 points 1 day ago You realise she means more incentivise spending rather than straight up taking people's money... Right? permalink embed save parent report give award reply [–]RonPaulWasR1ght 11 points12 points13 points 1 day ago You realise she means more incentivise spending rather than straight up taking people's money... Right? Regardless, the point is she is out to impose her vision and control, on the citizens' money. That's tyranny, plain and simple. People should control their money, NOT government officials and bureaucrats. permalink embed save parent report give award reply [–]WheelieGoodTime -1 points0 points1 point 1 day ago It's clickbait and you've been baited... permalink embed save parent report give award reply [–]danpaq 1 point2 points3 points 1 day ago Came here for this. Clickbait flare, bring in the dancing downvotes. permalink embed save parent report give award reply [–]Bloated_Hamster -5 points-4 points-3 points 1 day ago No, most people on this thread don't get that and have zero knowledge of economics anyway. permalink embed save parent report give award reply [–]hodlyourground 5 points6 points7 points 1 day ago Just because i don’t share your preference for a centrally-planned economy doesn’t mean i have “zero knowledge of economics” permalink embed save parent report give award reply [–]WheelieGoodTime -1 points0 points1 point 1 day ago "preference"? Okay enjoy making things up in your hysteria permalink embed save parent report give award reply [–]Nematode_wrangler 1 point2 points3 points 1 day ago I was thinking the same thing. It seems that, since she's a politician, her motives are sinister and self-motivated. There probably is a large chunk of money that wasn't spent on entertainment and travel during the pandemic. It's that money she hopes to get people spending again because it's that money that flows through the system more so than, say, the money invested in gold, or real estate, or cryptocurrency. permalink embed save parent report give award reply [–]campanermkruger 32 points33 points34 points 1 day ago Brazil did this in the early 90's. President at that time got impeached. permalink embed save report give award reply [–]idreamofjeanshortsredditor for 4 weeks 0 points1 point2 points 1 day ago Only USD I believe, causing banks runs. permalink embed save parent report give award reply [–]cocoabeachbrews 53 points54 points55 points 1 day ago Canadians are so fucked. US politicians want to do that, but apparently Canadians are willing to say it out loud. permalink embed save report give award reply [–]BtcKing1111 5 points6 points7 points 1 day ago Majority of Canadians love being slaves. Simple as that. Trucker protest proved that Canadians love servitude. permalink embed save parent report give award reply [–]Potential-Froyo8164 2 points3 points4 points 1 day ago That’s what happens when the citizens give up their guns. permalink embed save parent report give award reply [+]TheOT1001 -13 points-12 points-11 points 1 day ago Name 1 time where americans have successfully overthrown a corrupt government with guns permalink embed save parent report give award reply [–]RedMossStudio 31 points32 points33 points 1 day ago 1776 permalink embed save parent report give award reply [+]TheOT1001 -16 points-15 points-14 points 1 day ago Obviously after 1776 permalink embed save parent report give award reply [–]WSBPumpNDumps 2 points3 points4 points 1 day ago How about 1861-1865 then? Bye bye CSA 👋 permalink embed save parent report give award reply [–]Correct-Log5525 6 points7 points8 points 1 day ago Lol, we haven't had to because we have guns... That's the point permalink embed save parent report give award reply [–]notifications-off -1 points0 points1 point 15 hours ago Because our government is very pleasant and caters to citizens and offers the highest quality of life and isn't corrupt... permalink embed save parent report give award reply [–]Correct-Log5525 1 point2 points3 points 14 hours ago Hopefully this entire post was satire lol permalink embed save parent report give award reply [–]Freddybone32 1 point2 points3 points 17 hours ago "ignore the time it happened and tell me a time it happened" permalink embed save parent report give award reply [+]WheelieGoodTime -16 points-15 points-14 points 1 day ago How is this even relevant? Sounds like they want to incentivise spending, not straight up taking people's money... Money moving around in the economy is better than it sitting stagnant, etc. permalink embed save parent report give award reply [–]Rednartso 9 points10 points11 points 1 day ago How many times you going to repeat this comment? Okay. If you think this is supposed to incentivise spending, do you really think it's a good idea? We inflate the dollar to "incentivise spending" so nobody saves, anymore. Why is saving bad? If I saved my money the old school way, working and putting away 10%; do you not think I would buy a house? Right now I can't afford one because the prices go up faster than I can earn. If one day, my savings were worth more, I would buy a god damn house. permalink embed save parent report give award reply [–]thevoltron -2 points-1 points0 points 1 day ago I'm not saying you're wrong to be potentially concerned, I have no idea how they're going to implement this. I just think it might be a bit early to raise the pitchforks. I don't think she's saying that saving is bad for average people like people that only own 1 or 0 houses. She specifically mentions they want to incentivize spending on the "better off households" who are likely just hording their wealth. As for why it's bad for the rich to save (horde), trickle down economics doesn't work if the money isn't trickling out of the 1%'s pockets. permalink embed save parent report give award reply [–]MakeTotalDestr0i 3 points4 points5 points 1 day ago she didn't say the 1% . "better off" means anyone with savings except the 1%. the 1% write the laws and will loophole their own wealth out of the pool they pull from. normal person " why my bank account going down?" , 1%person "glad my ownership stakes in my shell holding company don't count as savings" permalink embed save parent report give award reply [–]thevoltron 0 points1 point2 points 1 day ago To me "better off" means "rich" but you're right that it's a pipe dream to think that the 1% would actually 'suffer' at all from any of this. Still, I think that the person I was replying to's comment about the government going to steal their money even though they can't afford a house is a bit sensationalist. I still wouldn't consider them 'better off' if they can't afford a house but yeah, I'm just speculating permalink embed save parent report give award reply [–]WheelieGoodTime 0 points1 point2 points 1 day ago Bruh, it's the people with multiple houses and fat stacks they're talking about. You and me who can't get to a down payment wouldn't even be in their sights. Why would they bother with us? permalink embed save parent report give award reply [+][deleted] 1 day ago [deleted] [–]IIIIIIllllllll0redditor for 6 weeks 7 points8 points9 points 1 day ago She asked for help with "ideas to get the preloaded stimulus". Its cryptic at best, at worst its like how can we force these people to give us their money. It might mean how to incentivize them to spend their money, but i have to agree with her, i need ideas of what that incentive system would look like, cause none of whats popping in my head seem particularly good. Maybe a 10 day period of no taxes to motivate people to spend before turning taxes back on? then the money "circulates" ? idk. Then again other people probably have been thinking about this more than me and have other ideas permalink embed save report give award reply [–]boycottInstagram 0 points1 point2 points 1 day ago It is a direct request for ideas regarding driving economic stimulus by encouraging high earners with excess savings to spend more i the economy. permalink embed save parent report give award reply [–]FirstFlight 2 points3 points4 points 1 day ago Because they’re already forcing out all exchanges that are unwilling to steal from user accounts. Binance is pulling out of Canada, most of the other exchanges that are staying have limited capacity but declare all your trades to the CRA. A big part of “Canadians are fucked” is that they froze accounts of any citizens involved in the protests last year. So you tell me, if the government can freeze your crypto whenever they want, how exactly are we not fucked? Surely CSEC won’t just fuck you over and get access to your wallet. permalink embed save report give award reply [–]onicrom 1 point2 points3 points 1 day ago Isn’t Binance pulling out because they don’t want to comply with some of the customer protection legislation the government requires? Specially around segregating customers funds iirc. permalink embed save parent report give award reply [–]FirstFlight 2 points3 points4 points 1 day ago And user registration with their SIN. They have a bunch of “protections” that aren’t actually trying to protect users but guarantee they can control peoples money. It became a push after the Ottawa protests where they realized they couldn’t easily freeze cryptocurrency from protestors. permalink embed save parent report give award reply [–][deleted] 1 day ago [deleted] [–]FirstFlight 4 points5 points6 points 1 day ago Protesting is a legal right, even if you disagree with their message. People shut down the US for weeks and I didn’t see left leaning supporters saying it was “criminally shutting down the country”. Rights aren’t just for the people you agree with. permalink embed save report give award reply [–][deleted] 1 day ago [deleted] [–]FirstFlight 2 points3 points4 points 1 day ago I guess you’re not much a Bitcoin supporter if you think it’s acceptable for the government to freeze your money without cause. Just because you don’t agree with them. Kinda defeats the purpose. permalink embed save report give award reply [–][deleted] 1 day ago [deleted] [–]FirstFlight 1 point2 points3 points 1 day ago The BLM protests? Or did you just forget about that summer permalink embed save report give award reply [–][deleted] 1 day ago [deleted] continue this thread [–]Vancouwer -3 points-2 points-1 points 1 day ago Are you brain dead or can't understand what she means? It's not literal. She is asking ideas on how Canadians want to spend excess cash. This sub is brain dead most of the time. permalink embed save parent report give award reply [–]idreamofjeanshortsredditor for 4 weeks 1 point2 points3 points 1 day ago "It would be nice if they did it themselves" seems kind of nefariously worded. But I largely agree there is a lot of context taken here. permalink embed save parent report give award reply [–]Vancouwer 0 points1 point2 points 1 day ago Canadians do it them selves but the problem is they do it in other counties because our domestic tourism is kind of lame. permalink embed save parent report give award reply [–]bootmeng 20 points21 points22 points 1 day ago What's a preloaded stimulus? permalink embed save report give award reply [–]avl0 27 points28 points29 points 1 day ago The money in your bank account permalink embed save parent report give award reply [–]bootmeng 15 points16 points17 points 1 day ago I don't get it. That's not a stimulus. That's the money I made working my job. It was already taxed. What?? permalink embed save parent report give award reply [–]entilfeldigfyr69 22 points23 points24 points 1 day ago They mean it's pre-loaded in that it's money already printed and sitting idle. By stimulus they mean you should spend your money to keep the economy going, not sit on it. That's why she said she knows people in upper middle class are sitting on a lot of this "pre-loaded Stimulus" and is asking for ideas to get this money flowing again. permalink embed save parent report give award reply [–]IIIIIIllllllll0redditor for 6 weeks 8 points9 points10 points 1 day ago I hate the way the system of cash trolls my life. Her house, for example, im sure she wouldnt consider to be preloaded stimulus. But me, renting my place, with some bitcoin saved up? thats preloaded stimulus in her eyes, im sure. Thats the annoying part. Im guessing she doenst have much "preloaded stimulus" probably just owns conventional assets. Everyone else who doesnt own conventional assets.. thats.. preloaded stimulus. stimulus for what? conventional assets. If the value of conventional assets isnt going up, we need more stimulus. Im about to have an aneurysm in case you couldnt tell permalink embed save parent report give award reply [–]lib3rty47 2 points3 points4 points 17 hours ago Rules for thee not for me permalink embed save parent report give award reply [–]NukeouT 0 points1 point2 points 1 day ago That's called property taxing the rich 🤑 permalink embed save parent report give award reply [–]_Mitchee_ 18 points19 points20 points 1 day ago I honestly think from watching this she means how can we get these people with savings to spend that money in industries listed at the end. That would stimulate the economy without introducing new money, hence preloaded. I’m totally open to be wrong here though, but that’s what I got from that little clip. How can we get people with savings to spend to stimulate the economy. permalink embed save parent report give award reply [–]thefalsehoohah 5 points6 points7 points 1 day ago You're right, post title is misleading. She is trying to encourage people to spend their savings, not insinuating that they are going to take money from their accounts. permalink embed save parent report give award reply [–]nyc2pit 3 points4 points5 points 1 day ago I think the point is that the government has no fucking business telling you how to spend or not spend the money you earn. The whole comment she makes is just in poor taste and poorly worded. The government already incentivizes spending via inflation. permalink embed save parent report give award reply [–]exmlpcicgzojreijzu 1 point2 points3 points 1 day ago Wild that I had to scroll down this far. Did no one watch the one minute video!? wtf is the title… permalink embed save parent report give award reply [–]IIIIIIllllllll0redditor for 6 weeks 0 points1 point2 points 1 day ago But it does have an echo of paying people with money which has an expiration date (after which the money disappears, so you're motivated to spend within a certain time frame), which is what the CBDCs are advertised as being able to do. You could see how her mind could easily reach that place where to her that makes sense. Which- while different from stealing money from your account, certainly feels like an extreme overreach. permalink embed save parent report give award reply [–]_Mitchee_ 0 points1 point2 points 1 day ago I’m not too sure about that. People with money forced to liquidate holds of cash would lead to a huge run on safer assets such as blue chip equities, commodities and real estate. Not sure that would help the government position. CBCD’s will start as a positive to society, limiting people who receive welfare what they can spend their money on. No way they come out the gate making money you have earned from a job have an expire date. permalink embed save parent report give award reply [–]IIIIIIllllllll0redditor for 6 weeks 0 points1 point2 points 1 day ago Can you give an example of a way the government could motivate you to spend your 'preloaded stimulus' that youd find to be unproblematic, unoffensive, and effective? permalink embed save parent report give award reply [–]_Mitchee_ 0 points1 point2 points 1 day ago Governments do it all the time, subsidies/tax breaks to individuals or/and industries to get you to upgrade utilities eg solar, insulation. That’s a no brainer, it’s not offensive and may even benefit the individual. It’s transactional. They are definitely not asking ways to make it ok to take money from individuals or new creative taxes. It’s not how it works at all. They are looking for carrot ideas. permalink embed save parent report give award reply [–]IIIIIIllllllll0redditor for 6 weeks 0 points1 point2 points 1 day ago Can you give a more specific example permalink embed save parent report give award reply continue this thread [–]Supercc 0 points1 point2 points 1 day ago Absolutely. Good use of the rational brain. I'm sure 90% of the commenters have not even watched the video before commenting. Sad. permalink embed save parent report give award reply [–]ByteTraveler 0 points1 point2 points 1 day ago Exactly permalink embed save parent report give award reply [–]benhammy 0 points1 point2 points 13 hours ago The implication was that if you took stimulus checks and saved them because you were already wealthy or were not in dire straits in 2020, instead of spending the money right away, then you’ve been hoarding money the government intended to be used on the economy. So from her perspective, that money isn’t really yours, it’s pre-loaded stimulus that you haven’t activated yet. So if you’re not going to spend it, maybe we should be able to take it back. The ramifications are insidious. Because once that door is opened, there’s no end to the reasons why the government would feel entitled to deciding for me what I should do with my money. That’s my biggest concern for CBDCs and UBI: the strings attached will be insane. And there are people who will gladly take the handouts in exchange for a loss of autonomy. permalink embed save parent report give award reply [–]benhammy 0 points1 point2 points 13 hours ago The implication was that if you took stimulus checks and saved them because you were already wealthy or were not in dire straits in 2020, instead of spending the money right away, then you’ve been hoarding money the government intended to be used on the economy. So from her perspective, that money isn’t really yours, it’s pre-loaded stimulus that you haven’t activated yet. So if you’re not going to spend it, maybe we should be able to take it back. The ramifications are insidious. Because once that door is opened, there’s no end to the reasons why the government would feel entitled to deciding for me what I should do with my money. That’s my biggest concern for CBDCs and UBI: the strings attached will be insane. And there are people who will gladly take the handouts in exchange for a loss of autonomy. permalink embed save parent report give award reply [–]Ah_Nhiredditor for 1 week -3 points-2 points-1 points 1 day ago Stimulus funded by stealing private citizens savings. permalink embed save parent report give award reply [–]transfire 17 points18 points19 points 1 day ago Who comes up with this jargon.., “preloaded stimulus”. I have no idea what that means so I’m sure it’s code for something they’d rather not say. permalink embed save report give award reply [–]FreshSchmoooooock 9 points10 points11 points 1 day ago lol https://www.urbandictionary.com/define.php?term=Pre-loaded%20Stimulus ​ "New term/phrase from the left/woke which simply means “your cash savings”." permalink embed save parent report give award reply [–]thomas_da_trainn 0 points1 point2 points 1 day ago What does woke mean? permalink embed save parent report give award reply [–]teleprint-me 4 points5 points6 points 1 day ago It used to mean "awakening" as in being more aware. Now it just means nothing because it's been politically hijacked. I'm sure I'll be downvoted for this, but it's just a slur in the minds of those doing the ad hominem attacks. permalink embed save parent report give award reply [–]Spaced_X 4 points5 points6 points 1 day ago The same people who came up with “No Child Left Behind” policy. It’s all just 1984 Newspeak. Whatever they say it’s going to do, it’s always the exact opposite. “No Child Out in Front” is more like it. Thus the huge push of getting rid of the Gifted program, AP, Pre Calc etc. The kids who take those have an unfair head start / advantage supposedly. So instead of helping those at the bottom, we’ll just make sure no one succeeds. Unfortunately, I foresee a future where only corporations are allowed banking, there is no paper currency that exists to hide in a mattress, but instead we are issued a digital currency, that comes with expiration dates. Meaning we are required to spend it or lose it. Like corporations do with our vacation and ppto hours already. permalink embed save parent report give award reply [–]1111Rudy1111 12 points13 points14 points 1 day ago She’s a WEF puppet here in Canada permalink embed save report give award reply [–]Peckingclaw 17 points18 points19 points 1 day ago Sad and open display of totalitarianism thinking the Canadian Liberal party has become. permalink embed save report give award reply [–]Right_Willow 6 points7 points8 points 1 day ago It’s always been this way. permalink embed save parent report give award reply [–]Mkg60 40 points41 points42 points 1 day ago Remember- Canadian banks have begun freezing the accounts of people linked to the trucker protests in Canada and the federal government is promising to take more accounts offline in coming days in an attempt to clear demonstrators from Ottawa, which has been occupied for nearly a month. This was Feb 2022. permalink embed save report give award reply [–]Girafferage 13 points14 points15 points 1 day ago It's not your savings, it's the economy's pre-loaded stimulus. I'm so sorry, Canada. At least you won't be alone in the atrocities of the government. permalink embed save report give award reply [–]LucasNoritomi 1 point2 points3 points 1 day ago That is in no way comforting permalink embed save parent report give award reply [–]MakeTotalDestr0i 13 points14 points15 points 1 day ago calling people's savings "preloaded stimulus" is a new all time high achievement for Orwellian newspeak permalink embed save report give award reply [–]sopagam 24 points25 points26 points 1 day ago How about tax cuts? That’s an excellent way to stimulate the economy. Why wouldn’t every Canadian suggest that? Lower taxes on jet fuel and gasoline to stimulate travel. Lower hotel and “occupancy” taxes. Just because they don’t expect that answer doesn’t mean they shouldn’t have to hear it! permalink embed save report give award reply [–]BikerCooper 5 points6 points7 points 1 day ago Right!!?…I just got back from Calgary and it’s BOOMING. People are happy. People are out. People have brand new trucks and cars,new homes. And the majority of people I spoke with had the same “I’m so glad I got out of Ontario” story. Alberta has a 5% sales tax and it shows permalink embed save parent report give award reply [–]dj_destroyer 2 points3 points4 points 1 day ago Technically, Alberta has no sales tax. The 5% is federal which all people pay no matter where you are. Most provinces add provincial tax (8% in Ontario) but Alberta doesn't, and it shows. permalink embed save parent report give award reply [–]Mark_Logan 2 points3 points4 points 1 day ago The average Albertan carry’s a non-mortgage debt of 18% more than the average Canadian. Albertans are known for boom and bust economics where people spend lavishly when the economy is good. You see this on used buy-sell sites. As soon as oil price starts trending down, that’s when you see a glut of RVs, jetski, boats etc. If you were there a couple weeks ago, people were out in force because it’s finally warm. This is the euphoric period between freezing our asses and having those same asses sucked dry by mosquitos. True, we do not have a provincial sales tax. However our hospitals are overloaded, our EMTs are burned out and constantly in code red. Our infrastructure only seems to get attention in the months leading up to an election etc etc. Don’t get me wrong, Alberta is a great place to live. Affordability and quality of life is very high. I just don’t want you getting the idea that it’s all sunshine and wild-roses here. (That’s the provincial flower.) permalink embed save parent report give award reply [–]BikerCooper 4 points5 points6 points 1 day ago According to government and the news EVERY hospital and EVERY EMT are short staffed,under funded over worked and burned out. permalink embed save parent report give award reply [–]Mark_Logan 0 points1 point2 points 1 day ago This is true. But I feel as though, being the richest (per capita) province in the federation we should be able to achieve better results. 🤷🏼‍♂️ permalink embed save parent report give award reply [–]CuriousTravlr 0 points1 point2 points 1 day ago Cries in Quebec 17% tax rate. permalink embed save parent report give award reply [–]Hatrick-Swayze 5 points6 points7 points 1 day ago In true Canadian fashion, at least they ask nicely and politely first. permalink embed save report give award reply [–]FreshSchmoooooock 5 points6 points7 points 1 day ago Did she just ask the people to do her job? permalink embed save report give award reply [–]Crazy_names 3 points4 points5 points 1 day ago First off, we know Chrystia Freeland is all about government overreach. I'm not going to try to defend anything she says. But I'm going to try to steel man this, without anymore context, which admittedly may be a mistake. But let's see how it goes. She seems to be talking about trying to find ways to get Canadians who are fortunate enough to have some savings to spend that savings. She mentions tourism and hospitality not government seizure. She is looking at all those bank accounts, licking her lips, and trying to get that money back into the economy. Here us an idea for Mme. Freeland: sell bonds. That's how government makes money off of citizens with excess cash. You fo it honestly and in good faith of a return on investment. But the figurative "chop licking" as she thinks about other people's money is pretty unnerving. permalink embed save report give award reply [–]all-bidness33 1 point2 points3 points 15 hours ago There's the misconception that funds in a savings account are sitting there separate from the greater economy. But all banks operate within the scheme of "fractional reserves". Regardless of what your passbook shows, those funds have long been lent out and are active in the economy. If the government forces savers to spend, it is in effect forcing the banks to sell those loans (at a loss?) in order to meet the depositer's demands for funds. This is so elementary and obvious that other trickery is at play here. The government mismanages the economy through deficit spending, taxation to create incentives, manipulating interest rates to misprice the cost of money, etc. Then has to intervene to correct the effects of its mismanagement from the prior period. But always the burden us on the middle and working class. I look forward to de-dollarization, which will wreck the Euro zone as well as the economies f the Anglo-sphere. That is the Great Reset I hope for, that the current elites are delegitimzed, deposed, and swinging from lamp posts. permalink embed save parent report give award reply [–]ItsMeAvS 5 points6 points7 points 1 day ago Fuck Christia Freeland. The shit that comes out of her mouth is straight evil right on its face, and she says it all with a perfectly straight face like she actually believes what she's saying is good and sensible. Like locking people out of their own bank accounts. I just can't fathom how people fail to see her as the literal henchman she is. permalink embed save report give award reply [–]loskubster 11 points12 points13 points 1 day ago In other words, “you have a lot of money, how can we take it from you?” permalink embed save report give award reply [–]waldoagave 2 points3 points4 points 1 day ago Wow Bitcoin came at the right time. What a glorious opportunity we all have. Be thankful we have the wisdom to notice what's wrong and participate in what's right. Not many people have such wisdom. permalink embed save report give award reply [–]BenadrylTumblercatch 3 points4 points5 points 1 day ago Pre loaded stimulus is the stinkiest quote I’ve heard all day permalink embed save report give award reply [–]hypocalypse 2 points3 points4 points 1 day ago I got my mom a preloaded Mothers’s Day gift. She is free to look about her house, select an item, and enjoy it as if were just received from her loving son. permalink embed save report give award reply [–]raxnahali 4 points5 points6 points 1 day ago This is what CBDC will allow every government to do. permalink embed save report give award reply [–]nyc2pit 3 points4 points5 points 1 day ago What are the absolute fuck is she talking about? It sure as hell sounds like she wants to get into your savings account. I mean they've already got into our savings account via inflation..... Government doesn't solve the problem, it is the problem. permalink embed save report give award reply [–]Elly0xCryptoredditor for 2 weeks 3 points4 points5 points 1 day ago You will own nothing and you will be happy. :( permalink embed save report give award reply [–]BtcKing1111 3 points4 points5 points 1 day ago* I have an idea. How about make housing affordable so families don't need to save every single penny for 40 years to have a place to live in Canada? Then maybe they'll be able to spend money on things other than housing, like trips, clothes, furniture, services. Literally, when I lived in Canada, I earned over $100k and couldn't afford to do anything because all my money went to rent and saving for mortgage. Houses cost minimum $1M if you want more than 1 bedroom apartment, ie. if you plan to have kids one day. While you're paying $3K/mo for a 2 bedroom apartment within 1 hour commute of work. This is where capitalism collapses. When money stops moving because the poor don't earn enough to spend and keep the economy running. Eh, anyway, fuck Canada. I moved away 3 years ago and never looking back. Canada will never change, don't hold your breath. All of this is on purpose, they want people to be poor, then they broadcast these condescending news pieces to humiliate and strip people of dignity. If there's ever an uprising in Canada, Freeland is going to be one of the first to get hung for treason. Her day in court is coming. Locked families out of their own bank accounts for supporting truckers. God will still have the final say on her. permalink embed save report give award reply [–]moonRekt 2 points3 points4 points 1 day ago Based AF permalink embed save parent report give award reply [–]slykethephoxenix 10 points11 points12 points 1 day ago Is this deepfaked? I can't believe this is real. permalink embed save report give award reply [–]LyingPervert 3 points4 points5 points 1 day ago Communism permalink embed save parent report give award reply [–]slykethephoxenix 14 points15 points16 points 1 day ago Me: My savings account Government: OUR savings account. permalink embed save parent report give award reply [–]LyingPervert 13 points14 points15 points 1 day ago Government money belongs to the government. It’s yours temporarily Bitcoin exists on the block chain. But it’s yours forever permalink embed save parent report give award reply [–]_Ad_Astra_Abyssosqueredditor for 4 weeks 1 point2 points3 points 1 day ago Communism is when capitalism. Hurr Durr. permalink embed save parent report give award reply [–]Jezzes 2 points3 points4 points 1 day ago Just steal it by printing more permalink embed save report give award reply [–]GenghisBanned 1 point2 points3 points 1 day ago Not enough. They needs their dirty hands directly in your bank account. permalink embed save parent report give award reply [–]MC_B_Lovin 2 points3 points4 points 1 day ago What we want is more money permalink embed save report give award reply [–]liquefire81 2 points3 points4 points 1 day ago Its called taxation…. And before you whine about how the rich already are… they are not. https://www.theglobeandmail.com/canada/article-nearly-900-canadians-found-in... Tax avoidance, paying your fair share, via accountants is the name of the game… and bitcoin solves this as you cannot send any bitcoin without paying for it. permalink embed save report give award reply [–]alllballs 2 points3 points4 points 1 day ago Grabbers gotta grab permalink embed save report give award reply [–]bloodpriestt 2 points3 points4 points 1 day ago lololol this is fucking wild permalink embed save report give award reply [–]Keekers128 2 points3 points4 points 1 day ago So......saving is bad? Good credit scores are being penalized. What in the world is going on here??? 🤔 permalink embed save report give award reply [–]Unlucky-Evidence-372 2 points3 points4 points 1 day ago Wtf! Lol permalink embed save report give award reply [–]Timbhead 2 points3 points4 points 1 day ago Canada is a dystopian hellscape. permalink embed save report give award reply [–]4thaccountin5years 2 points3 points4 points 1 day ago If I were trying to be positive I’d say she’s just trying to get people to be confident in the economy so they start spending. If no one spends, the economy will fall apart. But…. This is Canada and I don’t trust my counties leaders at all. permalink embed save report give award reply [–]Character-Dot-4078 13 points14 points15 points 1 day ago Fuck Canada. permalink embed save report give award reply [–]LucasNoritomi 2 points3 points4 points 1 day ago It’s not the country, it’s the country’s government. permalink embed save parent report give award reply [+]Right_Willow -6 points-5 points-4 points 1 day ago USA ON TOP 🦅 permalink embed save parent report give award reply [–]LucasNoritomi 2 points3 points4 points 1 day ago You really think the government of the United States isn’t thinking about doing this same thing? permalink embed save parent report give award reply [–]Right_Willow 0 points1 point2 points 17 hours ago Yeah, but we’re the USA 🇺🇸 🦅🤠 permalink embed save parent report give award reply [–]oneletterman 7 points8 points9 points 1 day ago Why would anybody live in Canada? How the fuck they elected Trudeau is behind me. I guess they’re all just really nice and nice people never really understand how evil other people are. At least in the US we know our govt is evil and won’t have any moral conflicts when the guillotines roll. permalink embed save report give award reply [–]harleybqrazy 0 points1 point2 points 1 day ago Free healthcare. permalink embed save parent report give award reply [–]oneletterman 3 points4 points5 points 1 day ago we have free healthcare to in the US…it’s called “get a job that gives you healthcare” 😂 permalink embed save parent report give award reply [–]harleybqrazy -1 points0 points1 point 1 day ago Okay. permalink embed save parent report give award reply [–]HankReardonAG 5 points6 points7 points 1 day ago Get out of that Chinese wannabe country asap permalink embed save report give award reply [–]LucasNoritomi 4 points5 points6 points 1 day ago If the solution is always to run, at some point there will be nowhere left to run. permalink embed save parent report give award reply [–]Unescorted_Settler 14 points15 points16 points 1 day ago I think this is a little out of context. She's saying she wants people to spend their money, not that the government will take it. permalink embed save report give award reply [–]SunnyDayShadowboxer 11 points12 points13 points 1 day ago "If people have ideas on how the government can act to unlock that preloaded stimulus, I am very very interested... maybe... it happens by itself, that's the best case scenario..." Idk, sounds a lot like the government slowly testing the waters for wealth redistribution of some form. permalink embed save parent report give award reply [–]quietlydesperate90 14 points15 points16 points 1 day ago Shes talking about ways to encourage people to spend their savings. It isn't as horrible as you or everyone else makes it out to be, but I still think it's horrendous that saving is basically discouraged because we need to spend spend spend to keep the economy going. permalink embed save parent report give award reply [–]SunnyDayShadowboxer -2 points-1 points0 points 1 day ago Im not completely disagreeing, but if she wanted to say that, there are certainly clearer ways of putting it. At the end of the day, you can tax, inflate, or you can be... "more creative" [insert euphemisms/jargon for redistribution]. If you can't incentivize, you'll have to take, there's not much of an in-between. permalink embed save parent report give award reply [–]Humble_Path7234 0 points1 point2 points 1 day ago We are a dept based economy, that is why we are called consumers. We stop purchasing and the whole house of cards fall. Look up Mike Maloney hidden secrets of money to see the true scam we are living in. Slowly then quickly swirling down the toilet. Fact permalink embed save parent report give award reply [–]Humble_Path7234 -1 points0 points1 point 1 day ago You nailed it with that quote. Words matter as Trudope would say permalink embed save parent report give award reply [–]hangfromthisone 2 points3 points4 points 1 day ago Because VAT is a thing and is the most successful way for the government to apply tax without people feeling it. The first winner of inflation is government from VAT recollection permalink embed save parent report give award reply [–]MakeTotalDestr0i 1 point2 points3 points 1 day ago people definitely feel VAT. everything gets x% more expensive immediately with nothing to show for it. especially the poor who have to spend 100% of their income unlike the rich who can dodge VAT for a huge portion of their income and wealth permalink embed save parent report give award reply [–]hangfromthisone 1 point2 points3 points 17 hours ago I meant it does not feel like a tax. People just say "hey things are so expensive" instead of "hey the government is really fucking us raw" Then the government blames corporations while they max the bills printing machine speed and create inflation for everyone Source: my country's addiction to inflation and populism permalink embed save parent report give award reply [–]Rednartso 0 points1 point2 points 13 hours ago It still fits the drug addiction analogy. "If we don't inject herioin(stimulus), the patient will die. If we do, the patient is still addicted and now functions less than before". It may not "feel" like a tax, but it sure does feel like it sucks. Plus, if they get to create money without working, why don't I? Because I don't suck up to rich people? Why is it their protected right? The whole thing is fucked. permalink embed save parent report give award reply [–]hangfromthisone 0 points1 point2 points 12 hours ago Actually that's a terror tactic. Country won't die, it will suck some months but it will get better. But populist leaders use terror tactics all the time, cause it works permalink embed save parent report give award reply [–]tacojoe007 -1 points0 points1 point 1 day ago The missing context is that the reason that people have extra savings from "not doing anything during the pandemic" is because the government said you can't do anything during the pandemic. Yes she is saying she ideally wants people to spend that money (to generate more tax revenue), but that they are otherwise going to find a way to take it. permalink embed save parent report give award reply [–]Fabs_- 3 points4 points5 points 1 day ago "Hey, so...we kinda need some money and we've seen that you've been saving all that hard earned money of your's, and... yeah we thought maybe you can give us that money so we can pay our bills haha, you know, we're all in this together after all, pall, what'cha think ?" permalink embed save report give award reply [–]Sele81 2 points3 points4 points 1 day ago Hello WEF permalink embed save report give award reply [–]Spirit_409 2 points3 points4 points 1 day ago she asks for ideas lmfao they don’t need ideas they have the idea they’re going to requisition savings of the wealthy they just want other people to say it hopefully marxist fanatics so they can say the people told us to do it goddamn bitcoin has never been more important i hope canadians with savings jump the life raft now before it becomes harder permalink embed save report give award reply [–]MossBalthazar 4 points5 points6 points 1 day ago that is DISGUSTING permalink embed save report give award reply [–]Il-Eggman-lI 2 points3 points4 points 1 day ago ‘Statistics report huge increase in boating accidents’ is probably the next headline permalink embed save report give award reply [–]Humble_Path7234 0 points1 point2 points 1 day ago 😂 permalink embed save parent report give award reply [–]NorthernH3misphere 3 points4 points5 points 1 day ago Not exactly saying “we will raid your bank accounts” but these people find creative ways to essentially do just that. So this is a misleading title but it’s probably true in the end. permalink embed save report give award reply [–]redplanetlover 3 points4 points5 points 1 day ago That’s some scary shut right there. We need to turf these Liberal demagogues permalink embed save report give award reply [–]dj_destroyer 2 points3 points4 points 1 day ago Is the Finance Minister of Canada really asking people for ideas? This is what happens when you promote equality before competency. permalink embed save report give award reply [–]usanextdoor 4 points5 points6 points 1 day ago they always smile in ur face and stab in back permalink embed save report give award reply [–]BikerCooper 1 point2 points3 points 1 day ago A new pair of shoes 👠 already??! permalink embed save report give award reply [–]UnrealizedLosses 1 point2 points3 points 1 day ago …boating accident… permalink embed save report give award reply [–]VRrob 1 point2 points3 points 1 day ago Turns out their are number of people hoarding large amount of cash that could stimulate and fix the global economy. Aka, why Bitcoin was invented permalink embed save report give award reply [–]tjackson_12 1 point2 points3 points 1 day ago I think we can all agree that when money is saved it doesn’t help the economy to grow… but I fail to see how that is any individual’s responsibility. Our responsibility has to always be so what is best with our money because of what it allows us to do. If they incentivize us to spend our money, that is one thing, but forcing people to be irresponsible and spend is ludicrous. permalink embed save report give award reply [–]Moooooooola 1 point2 points3 points 1 day ago Do people who snort cocaine sound like her? permalink embed save report give award reply [–]Dziabadu 1 point2 points3 points 1 day ago Buy Bitcoin people! permalink embed save report give award reply [–]Jyontaitaa 1 point2 points3 points 1 day ago Her surname is Freeland. . . Is this the Canadian version of Saturday night live or something else? permalink embed save report give award reply [–]Aromatic_Love7482 1 point2 points3 points 1 day ago Let's take all her saving, what a stupid bimbo wef puppet permalink embed save report give award reply [–]ThisIsMyCoffee 1 point2 points3 points 1 day ago So to summarize, 1. The government idea didn’t work as intended, 2. Affluent people never needed the money (because they didn’t spend it). So the government thinks the affluent are the problem, not their plan and the economists they listened to (who failed). 🤦‍♂️ permalink embed save report give award reply [–]KriszV8 1 point2 points3 points 1 day ago “We threw too much money out the window, crack houses are worth a million dollars and a stick of butter is $10 if anyone knows how to unfuck us please help” Would have been a more direct way of phrasing what she was trying to say. I’ve been living in Canada nearly 20 years and it breaks my heart what a shit hole this country has become permalink embed save report give award reply [–]mtk37 1 point2 points3 points 1 day ago Disgusting roach permalink embed save report give award reply [–]ieatair 1 point2 points3 points 1 day ago Meanwhile in the USA… News of Regional Bank Failures Someone: “What do you mean my lifesavings are gone!!???” Some Regional Bank: “What?” Someone: “Give me my 120K back!” Some Regional Bank: “… What money?” permalink embed save report give award reply [–]BennyTroves 1 point2 points3 points 1 day ago That’s our finance minister. What a joke permalink embed save report give award reply [–]spacenewt1redditor for 5 weeks 1 point2 points3 points 1 day ago Jesus christ permalink embed save report give award reply [–]eggaholic69 1 point2 points3 points 1 day ago Thing is if you bring up what she just said verbatim to a canadian or a nocoiner from any country they will just doubt it and move on. The Canadian government just said plainly they want to access citizens' savings accounts and distribute the funds. permalink embed save report give award reply [–]jaraxel_arabani 1 point2 points3 points 1 day ago Freeland and Trudeau has been one of the worst pox on the country since Mulroney, who was a sell out to USA. Freeland a s Trudeau are just there to fuck the country up for grins and complete government control of Canadians. permalink embed save report give award reply [–]Jungisnumberone 1 point2 points3 points 1 day ago It’s like they’re all just living in the moment and attacking anyone who is future oriented. Then when the future they stole from arrives they complain about how bad it is and try to rob those who are responsible. permalink embed save report give award reply [–]705North 1 point2 points3 points 1 day ago So people the who save their money can pay for your frivolous spending habits ….. “preloaded stimulus “…..(our money ) permalink embed save report give award reply [–]lil_bopeep 1 point2 points3 points 1 day ago Whoah. Sounds like they're fucked permalink embed save report give award reply [–]Rice-Fragrant 1 point2 points3 points 1 day ago These parasites don’t care about propriety rights… they didn’t work for that money and they already are taxing productive people to death, now they have to demonize people who put it away too? A perfect example of prasitism. permalink embed save report give award reply [–]Super_flywhiteguy 1 point2 points3 points 1 day ago That fact the whole country didn't just drop what they were doing and go protest this is insane. permalink embed save report give award reply [–]Ur_mothers_keeper 1 point2 points3 points 1 day ago "Preloaded stimulus" ahahahahaha all this shit is circlingt he drain. permalink embed save report give award reply [–]TopAlert2383 1 point2 points3 points 1 day ago Tyrant! permalink embed save report give award reply [–]RichardGasket69redditor for 4 weeks 1 point2 points3 points 1 day ago High time preference witch permalink embed save report give award reply [–]Basic_Hair_9549redditor for 4 weeks 1 point2 points3 points 1 day ago WTF, so my savings for my old age medication and retirement is "preloaded stimulus"? permalink embed save report give award reply [–]shanconnolly 1 point2 points3 points 1 day ago What the actual fuck. I hate this woman. permalink embed save report give award reply [–]reddit_revsit 1 point2 points3 points 1 day ago wow, like how the F does she (and the Gov and Central bank) honestly live with themselves...just spewing fancy words as to how they basically wanna FORCE US TO SPEND MONEY and possibly even be in debt, like wtf mate? OOOOHHHH so i FINALLY SAVED some money and now you want me to go spend it all within Canada on a trip I don't want to take, or shit i dont need/want to buy? just listening to her form of speech you can tell she's lipstick on a pig with it, such a joke! the terms she uses to butter us up are downright an insult!!!!!!!!!! permalink embed save report give award reply [–]YTsolicify 1 point2 points3 points 1 day ago Why haven’t people started riots over things like this permalink embed save report give award reply [–]Free_Range_1 3 points4 points5 points 1 day ago What the actual fuck. And people look up to Canada why? permalink embed save report give award reply [–]malteaserhead 2 points3 points4 points 1 day ago These clowns would make Marx look conservative permalink embed save report give award reply [–]Countrysedan 2 points3 points4 points 1 day ago WTF? How can she say this with a straight face? Is this satire or a skit?? permalink embed save report give award reply [–]edislucky 2 points3 points4 points 1 day ago This was scary.... When it was on air two years ago. permalink embed save report give award reply [–]Agitated_Joke_9473 1 point2 points3 points 1 day ago so, do we take their savings also? as the saying goes, you first. permalink embed save report give award reply [–]PplOfRedditArePansys 1 point2 points3 points 1 day ago Send help this government is actually insane permalink embed save report give award reply [–]Dubdude13 1 point2 points3 points 1 day ago Vote socialist, get assfucked permalink embed save report give award reply [–]PimpDawgATX 1 point2 points3 points 1 day ago Canadians can’t understand this, aye! That’s what it continues. permalink embed save report give award reply [–]Remarkable_Potato_84redditor for 4 weeks 1 point2 points3 points 1 day ago This government is out soon. The next election, JT and that lady will be gone-zo. permalink embed save report give award reply [–]Zealousideal_Neck78 1 point2 points3 points 1 day ago They eventually will raid accounts. permalink embed save report give award reply [–]EkariKeimei 0 points1 point2 points 1 day ago The first thing that needs money, is tourism??? For anyone not in government, it is not obvious why this is a good idea. For those in government, they see tourism as higher tax rate, and so more revenue stream. She literally wants private money to get more taxes. permalink embed save report give award reply [–]JayTor15 2 points3 points4 points 1 day ago Jfc these people are beyond evil permalink embed save report give award reply [–]gmax9000 0 points1 point2 points 1 day ago If the money they're targeting is saved in a bank, they're going to step on a lot of toes. It'll be interesting to watch the banks and the government fight over what to do with "your" money. permalink embed save report give award reply [–]jackrackan07 1 point2 points3 points 1 day ago Leaf here. Anytime y’all want to invade my Banana Republic of a country, I’m down. permalink embed save report give award reply [–]LETHAL-DANgER 0 points1 point2 points 1 day ago There is no more horrible sound than that woman’s voice permalink embed save report give award reply [–]zaminer 0 points1 point2 points 1 day ago Communism has entered the chat permalink embed save report give award reply [–]Bloated_Hamster -3 points-2 points-1 points 1 day ago Communism is when people spend money permalink embed save parent report give award reply [–][deleted] 1 day ago [deleted] [–]pupi-face 2 points3 points4 points 1 day ago People spending money or getting the economy going are not how you curb inflation. You need to cool down the economy and encourage austerity for that. Triggering a short-lived recession is the objective a lot of the time, so the market cools down and prices lower with it permalink embed save report give award reply [–]Sudden_Acanthaceae34 0 points1 point2 points 1 day ago Y’all keep trying to steal money from people who have been saving what they earn and all you’re going to stimulate is the household chemical and PVC pipe industries. Maybe even the lumber and sharp blade industries. Not suggesting or advocating anything, just making assumptions based on historical events. permalink embed save report give award reply [–]Moon_Cake_Factory 0 points1 point2 points 1 day ago The gall of asking for ideas on how to do her job. And the cluelessness exhibited by saying that she doesn't know why people are hanging on to their savings when day by day, housing and food substinence is becoming harder and harder to obtain. Clearly has no idea what she's doing. permalink embed save report give award reply [–]dmicklock 0 points1 point2 points 1 day ago Wow, just wow. permalink embed save report give award reply [–]MrRGnome 0 points1 point2 points 1 day ago How did you get from "How can we encourage well off Canadians to spend their money on tourism domestically" to "What if we could raid your savings accounts"? She's effectively asking those same Canadians what it would take for them to spend their disposable income in these sectors. Tax breaks? permalink embed save report give award reply [–]quiettimes 0 points1 point2 points 1 day ago This is a misleading title. You do not help this cause when you mislead to make your point. Reasonable people will watch this and think, 'She never said anything about raiding bank accounts.' And then they trust pro BTC articles etc that much less. permalink embed save report give award reply [–]tallsubby 0 points1 point2 points 1 day ago I mean, she's not saying "raid accounts" she's asking "what can we do to make you want to spend your money, and lots of it. What can we do to give you the biggest bang for your buck?" permalink embed save report give award reply [–]Metaraon -1 points0 points1 point 1 day ago All I hear is how do we get people to spend all their money. No one wants to spend right now, people are hoarding their money and it's a problem when people don't spend permalink embed save report give award reply [–]dithyrambtastic -1 points0 points1 point 1 day ago I didnt see this in one of the top comments, so I'll go ahead and say it - she's not trying to say what you think. When she says she's looking for ways to "unlock" stored up savings in well-off households, she's not suggesting (though her choice of words are poor) that the money gets "unlocked" through taxes that go to the government but instead that the households should be encouraged to spend those savings somehow. This is pretty basic macroeconomics - if you don't spend that 1000 in your account, that money isn't circulating out in the economy, changing hands for goods and services and improving everyone's quality of life (and then getting taxed through sales tax, I suppose). Check out principles like the marginal propensity to consume. I mean, when she mentioned tourism, did you all really think that she was talking about taxing people and sending them on forced vacations or something lol? She's asking for ideas on how to coax the average, upper-middle class household out of their shell so they can feel motivated to spend more. Ironically, one idea is that reducing sales tax could make discretionary purchases more attractive. But I'm not an economist, IDK. permalink embed save report give award reply [–]Dans564 1 point2 points3 points 1 day ago Not going to try to decrypt what she's saying. But reduced savings definitely isn't good for an economy (in the long term) permalink embed save parent report give award reply [–]dithyrambtastic 0 points1 point2 points 1 day ago Sorry, I might not have been clear enough. Im not making this up from an opinion of my own. Hoarding savings is not good for the economy and is related to a principle called the marginal propensity to consume. Its like a core vocab word from macroeconomics, but as a disclaimer I went to school a long time ago 😅 permalink embed save parent report give award reply [–]Dans564 0 points1 point2 points 1 day ago The paradox of thrift is largely BS Keynesian rubbish. You were plenty clear. permalink embed save parent report give award reply [–]dithyrambtastic 0 points1 point2 points 1 day ago Ooh! You must have seen this already, but if not the hayek vs. keynes rap battle is something I think about all the time permalink embed save parent report give award reply [+]AaronVanWirdum -6 points-5 points-4 points 1 day ago That's not what she's suggesting mate. (She wants people to spend the money, she's not saying anything about the government just taking it.) permalink embed save report give award reply [–]LyingPervert 2 points3 points4 points 1 day ago Many countries already have negative interest rates. Better off to keep your money tucked away under your mattress permalink embed save parent report give award reply [–]cocoabeachbrews 4 points5 points6 points 1 day ago She said “it would be nice” if people would spend that money on their own but that they want suggestions on how to tap all that money if people won’t spend it willingly. permalink embed save parent report give award reply [–]snek-jazz[🍰] 0 points1 point2 points 1 day ago no, she's looking for suggestions on how to encourage people to spend it willingly permalink embed save parent report give award reply [–]AaronVanWirdum 0 points1 point2 points 22 hours ago Exactly. permalink embed save parent report give award reply [+]Monkeyinchief -6 points-5 points-4 points 1 day ago That is exactly what she is suggesting. And she is not even suggesting she is literally threatening to spend the money volunteering (with a gun to your head) or they ramp up the people to force you in the open. You are gaslightning people mate. permalink embed save parent report give award reply [–]snek-jazz[🍰] 3 points4 points5 points 1 day ago she is not literally, or even figuratively, doing that permalink embed save parent report give award reply [–]Monkeyinchief 2 points3 points4 points 1 day ago Saying it is a preloaded stimulus is context wise an establishing of entitlement of her over savings of private people. Private peoples money is nobodies stimulus. Pitching the idea there is an entitlement to that money she is establishing the frame for a certain segment of the public ti create public pressure. But the public pressure is not necessary if people spend the money voluntary aka being coerced by public pressure. Either you are a moron or on purpose playing the moron because of political bias. permalink embed save parent report give award reply [–]bowlingfries -3 points-2 points-1 points 1 day ago Simply enough, get it from the billionaires permalink embed save report give award reply [–]jxxam 0 points1 point2 points 1 day ago Lots of billionaires in this thread down voting you :) permalink embed save parent report give award reply [–]Striking_Party1352 -1 points0 points1 point 1 day ago This is over 2 years old. permalink embed save report give award reply [–]Melodic_Duck1406 -1 points0 points1 point 1 day ago This is basic economics. Money in savings. Whether nits USD, Canadian dollars, pounds or bitcoin is money not turning the cogs of the economy. For that money to do good, it has to be spent. She's not demanding the money, or suggesting they'll raid bank accounts. She's asking for ideas on uow to create an incentive to invest and spend, in order to get the economy going again. I swear, sometimes this place reads like r/conspiracy permalink embed save report give award reply [–]sanjake_312 -1 points0 points1 point 1 day ago This video is from 2 years ago. https://youtu.be/HEc-mm9DftI Not to say it's not alarming, but I guess nothing new? permalink embed save report give award reply [–]prehensilly -3 points-2 points-1 points 1 day ago Seems a pretty misleading title as I heard nothing resembling it in the clip. permalink embed save report give award reply [–]ar5onL 0 points1 point2 points 1 day ago Yikes! permalink embed save report give award reply [–]throwaway88888989 0 points1 point2 points 1 day ago Who the hell is better off in this economy? The discretionary industries like hospitality/travel/tourism are all struggling at the moment because most people can't afford the increased costs of every day basics because of inflation, as well as rising rents and mortgage payments due to rising interest rates. permalink embed save report give award reply [–]uluvboobs 0 points1 point2 points 1 day ago Isn't this what government bonds are for? permalink embed save report give award reply [–]smoothguyy69 0 points1 point2 points 1 day ago How about we take the money from politicians and the rich? permalink embed save report give award reply [–]Ok-Drink-1372 0 points1 point2 points 1 day ago Outrageous! She’s talking about stealing people’s hard earned money. Unbelievable! permalink embed save report give award reply [–]Zeke_Z 0 points1 point2 points 1 day ago "None of us have a Krystal Ball"..... Kyle Kulinski has entered the chat. permalink embed save report give award reply [–]jxxam 0 points1 point2 points 1 day ago This sounds old, contextually. Yea it sounds super weird at best and fucked at worst, but what y’all are implying she wants to do didn’t happen 🤷🏻‍♀️ permalink embed save report give award reply [–]mialomit 0 points1 point2 points 1 day ago How old is this video? permalink embed save report give award reply [–]johnnyringo1985 0 points1 point2 points 1 day ago What I hear: we printed too much money and we want some back permalink embed save report give award reply [–]Oddball369 0 points1 point2 points 1 day ago All I hear is a snort every time she inhales like some type of gargoyle in disguise permalink embed save report give award reply [–]l337person[🍰] 0 points1 point2 points 1 day ago If she wants ideas on how to unlock savings accounts liquidity, just look no further than Cyprus circa 2012. permalink embed save report give award reply [–]fresheneesz 0 points1 point2 points 1 day ago Its unfortunately not intuitive that you can "put your money to work" by investing it, but that the same is not really true for the entire nation. When you invest your money rather than save it, you are putting more dollars out there chasing the same goods and services in the market. This is technically inflation, and so what you're doing is direction the use of some small fraction of the nation's resources, which takes away this agency from other investors and spenders in the market. A simplified example could make this clearer. If there is $100 million being used (spent or invested) in the market in a given timeframe, it means that any $1 million directs approximately 1% of the economic activity and economic resources (capital, materials, human time) in that timeframe (not counting economic activity initiated in and continuing after previous timeframes). If another $100 million comes into the market in a given timeframe, it does not mean that more actual real resources (captial, materials, human time) are going to be used. Instead, it means that $1 million will only buy 0.5% of the economic activity rather than 1%. Doubling the money invested in the market does NOT double the resources invested. Now it may increase the resources used temporarily, but this will be balanced by a corresponding decrease in resource usage at a later time. In the long run, Chrystia's call for people to put their money to work is bad for Canada and bad for those people. The best case scenario is that it gives some short term benefit at the cost of a greater longer-term detriment. People need to understand that money is not the same thing as real resources. permalink embed save report give award reply [–]The-Francois8 0 points1 point2 points 1 day ago “Unlock the stimulus” of peoples savings. permalink embed save report give award reply [–]SaggeeDot 0 points1 point2 points 1 day ago All of them, regardless of country, all sound the same. They know they’re lying through their teeth 🙄 permalink embed save report give award reply [–]Wesley-Kenneth 0 points1 point2 points 1 day ago I haven’t had more than 3 figures in my bank account since all the bs with the convoy. You can agree or disagree with the people but freezing accounts for protesting was nonsense. As soon as I’m paid from my job it gets allocated elsewhere. permalink embed save report give award reply [–]PaulTheMartian 0 points1 point2 points 1 day ago Yikes 😳 permalink embed save report give award reply [–]ByteTraveler 0 points1 point2 points 1 day ago Initially thought this was a deepfake like wth permalink embed save report give award reply [–]Talisker_drAm 0 points1 point2 points 1 day ago Marxists assemble… permalink embed save report give award reply [–]Blumkin4 0 points1 point2 points 1 day ago Been empty for 30 years. Now if they raided my bed, that's a different story permalink embed save report give award reply [–]Henry2k 0 points1 point2 points 1 day ago In mobster's voice "It would be a shame if anything bad were to happen to the economy because of all that money you're hoarding in your savings account" permalink embed save report give award reply [–]Choice-Ad7979 0 points1 point2 points 1 day ago How about don't be so Communist-like? permalink embed save report give award reply [–]Far-Department-4196 0 points1 point2 points 1 day ago I’m Canadian. And I don’t know what is going on here. permalink embed save report give award reply [–]idreamofjeanshortsredditor for 4 weeks 0 points1 point2 points 1 day ago This was 2 years ago. Though the public inquiry for the CBDC started a few days ago. permalink embed save report give award reply [–]John__Jacobs 0 points1 point2 points 1 day ago She can get stuffed. permalink embed save report give award reply [–]WilfredBrian 0 points1 point2 points 1 day ago Wow this is some crazy ass shit!!!! permalink embed save report give award reply [–]Redleg1-7redditor for 4 days 0 points1 point2 points 1 day ago I would change that around to hey government, want the people to do runs on the banks for their savings and cash out all their fiat from government offered investments. Bet that would put big bro in its place. permalink embed save report give award reply [–]joesmithcq493 0 points1 point2 points 23 hours ago Pure evil permalink embed save report give award reply [–]davidgooding 0 points1 point2 points 19 hours ago Gun buy back then a savings account buy back. It would be best if you voluntarily turned in all of your money. permalink embed save report give award reply [–]FishEmpty 0 points1 point2 points 19 hours ago A little to much stimulus I guess, now we have record inflation. permalink embed save report give award reply [–]HibaraiMasashi 0 points1 point2 points 18 hours ago THIS IS INSAAAAAANNNEEEEEEE permalink embed save report give award reply [–]EitherInvestment 0 points1 point2 points 17 hours ago Headline should read: Canadian Government concerned that people are saving money and has no idea how to convince them to spend it all instead. permalink embed save report give award reply [–]watchingtheweasels 0 points1 point2 points 15 hours ago The real solution to a Canadian government that wishes you seize or force you to spend your savings in its society is to move your savings to a different society...before they institute capital controls and ban you from doing so. The minute this empty suit suggested that the government would freeze the accounts of protesting Canadian citizens AND any who supported them was the moment everyone should have moved all assets out of the Canadian banking system except for what little was needed to transact on a day to day basis. That's basically the situation with the Argentinian Peso - no right thinking person holds value in that currency. They only exchange what they need on a just in time basis and hold savings in BTC, Dollars, Euros, etc. permalink embed save report give award reply [–]Maximum_Echidna8042 0 points1 point2 points 15 hours ago She’s the devil permalink embed save report give award reply [–]Brilliant_Jello4075 0 points1 point2 points 7 hours ago 🤨 permalink embed save report give award reply [–]AfterRequirement5359 0 points1 point2 points 2 hours ago Witches! permalink embed save report give award reply [–]elendal 0 points1 point2 points 2 hours ago Not banning hunting rifles would be a great start for hunting lodges and outfitters that also heavily rely on tourists. permalink embed save report give award reply