Presented at "Sound Money": a seminar for High School and College students covering the topic of money—where it comes from, what governments do to it, and where it's going in the future. Recorded at the Mises Institute in Auburn, Alabama, on 10 April 2014. Includes an introduction by Jeff Deist.
Friday, April 17, 2015
Thursday, April 16, 2015
What goes UP, must come DOWN. This includes real estate prices in Canada, particularly in Toronto and Vancouver which has become historically absurd and categorically unaffordable.
With the Bank of Canada lowering interest rates, commercial banks have lowered mortgage rates in a desperate attempt to keep this market in positive territory.