this post was submitted on 17 Jul 2025
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We will fund it using debt is the problem. Then the poor will suffer greater and greater as they have since the 70s while those that hold assets get richer.
Its pretty obvious that the housing bubble exists due to debt and currency debasement, heck the Bank of Canada is still buying half of all mortgage bonds. This is the main things that's making the poor worse off, as homeowners are becoming cantillionaires.