The Economic Update

The mainstream media reports that the Canadian petro-dollar is falling, well, it depends on how other currencies perform at the same time, and they are falling too, all except the US dollar, which is rising, the Fed has recently increased the interest rate by a fraction, however, even then the reality remains unchanged as it seems done mainly for the optics, since if the interest rates go up on such unprecedented amount of debt in all human history it would mean the end for the US and as a result, world economy.

The interest rates are now and have been for a while below the inflation rate, which is, again, highly irregular and unusual, because traditionally they are at least three percent above the going inflation rate, not below it, and that is due to the whole basic premise of capitalism, where the capital is the holy grail -- the private property is sacred and making profit for the owners -- thus, if a saving of money capital is made it would grow in time, which would depend on the interest rate set slightly above the going inflation rate, in traditional sense as it was done until the recent time, and not lose its value as is the case now with the personal savings, RSPs, etc. 

Thus, for example, if the inflation is at 5% and the interest rate is at 0%, then it would mean that in a saving account with $10,000 at the end of the year would remain $9500 and so on until there is nothing left. The reason being for it is that the super rich are robbing in the open the lesser rich along with the middle class by increasing inflation while keeping the interest rates low, hence, we can extrapolate the situation when they had their fill and raise the interest rate, which would bring the whole house of cards down, as the governments would be in critical deficits and the marshal law or a paradigm shift would require.

fuck the corporate underpaid slave jobs and the elitist private sector criminal interests. the only way we the people can effect change is if we all started to talk with our neighbours and politicians about the human rights, shareholder citizen rights, the civil rights, and more specifically, in the face of the crippling command-and-control corporate fascist communism disguised as the free market capitalism -- the right for the guaranteed minimum income and the affordable housing. We the people. They are the corporations. People of the world -- UNITE!