/biz/ - Business & Finance

>>25255157
>Now they are revoking the legal tender status of their own national currency.
You think you should be able to buy shit at the store with a ha'penny? People haven't used 1, 2, 25(?) Or anything higher than 100 in transactions in years. Only makes sense to eventually remove it from circulation.

You're not wrong about hyperinflation, Canada just quadrupled it's money supply. But don't think that cause we're removing the 1 dollar bill from circulation that we have issues with a 1 dollar denomination (looney)

>>25255157

wtf is wrong with western civilization? literally committing suicide

>>25255157
They do this all the time here in Sweden.

>>25255157
These bills are mostly collectors items and have not been printed or circulated for decades. This is mostly a move by the Bank of Canada to exert the control they have over people's money purely because they can.
The average Canadian doesn't realize how much power the Bank of Canada has or what's happening to the Canadian Dollar, they've just been taught (like the inhabitants of most Western Nations) to not care about these sorts of things

good thing i exited fiat for crypto

>>25255157
Thumbnail looks like a penis on mobile

>>25255505
Never noticed that kek

Those fuckers go into lockdown every time one person has a case and are giving their citizens $2000 a month or some shit like that forever. No wonder

>>25255157
they're doing the venezuela playbook lmao

>>25255697
where can i read about the venezuelan playbook? i am concerned leaf

>>25255157
>Canada sold all their gold to China.
No they didn't.

>The Canadian Dollar is the closest out of all the first-world nations to triggering massive hyperinflation.
No it isn't.

>>25256026

>>25255576
BASED BRAZILLIAN

>>25256049
>>25255157 (OP)
>Canada sold all their gold to China.
No they didn't.

Yes they did.

>The Canadian Dollar is the closest out of all the first-world nations to triggering massive hyperinflation.
No it isn't.

Yes it is.

>>25255157
>Canada sold all their gold to China.
this can't be real, right?

>>25255366
I had cash from a 2014 trip that got canceled. Fuck you all.

>>25256133
>this can't be real, right?
It isn't.

Leafs will be the downfall of the west

Leaf here. Genuine concern about this. Can someone post the full info dump I am already going deep in crypto but how do I survive during this

>>25255410
Is BTC a good play long term? seems silly to buy at the all time high

>>25255302
Jews

>>25255157

>>25256026
they fucked up with too many gibs/state and too little appeasement to the mutts, when they started to run out of money for gibs they went for denbts which couldn't really be repaid so they started to do the latin american default playbook, however international markets where sanctioned out of their reach so they had to resort to extra hard money printing, every so often they would swiftly take random bills out of circulation in a vain attempt to control hyperinflation
most countries start to do that when they need to keep the money printer on with inflation already in the hyper stage or almost in that stage, i'd guess with mmt in vogue they will always skip the denbts part and go straight to the tax/confiscation part to control inflation and bring back currency faith

>>25255157
These being legal tender is irrelevant because no one uses them as such and their values as collectibles are larger than their face value as currency. I still agree with the point, our economy is fucked, I just disagree with your example.

>>25256049
uhh

>>25256133
see
>>25256287
>>25256437

>>25256230
It is.

>>25256049
Shut the fuck up Grocery defence force shill

>>25256266
Keep all your money in Bitcoin and only withdraw and convert to fiat when you need to make payments. Or use the Binance VISA card which does just that but at each transaction. It is essential that you preserve your wealth in a currency that isn't being toyed with by greedy governments.

>>25256133
>>25256230
here you go
https://archive.is/ZIxxC

>>25256287
>>25256437
why would the do that lol

this is fucking crazy shit
we have entered some sort of tear in the space time continuum.

>>25255157
>tfw it turns out the "whales" fueling the crypto hype are actually just pants-shitting canadians

>>25255157
yeah lol Im just throwing my entire UBI into crypto and gold lol.

>>25256666
Checked and confirms my hypothesis
>>25256648

>>25255157
They wont poke the bear hard enough so people here wont feel their butt really rape at all, sad leaf here. I feel like a schizo and conspirationist toward my family telling them the economic and demographic facts, so at that point they might be right and its just a lost cause. I hope its better than it look but we will see I guess. Godspeed

>>25256740
May be true. I got my boomer parents to buy paxg too, idk how deep in they are. There's probably going to be a worldwide fiat collapse once covid is over and money velocity spikes.

>>25256666

Checked

Canadian here. What they have been telling you is actually true - things are starting to become really expensive and our packaging is getting smaller. A large fucking bag of chips I bought the other day has 165g in it - what is the amount in America? It feels tiny compared to what I’m used to. A prime rib roast is $100

How much free money is the average leaf getting per month now?

>>25256286
Nope, this one is the chinks. Canada has been thoroughly infiltrated (Trudeau is a chinklover).

Oh boy I can't wait for them to ban cash and then confiscate everyone's savings with a bail-in

>>25256880
Same for juice, what was sold at 1L is now at 900ml. From 2 liters to 1.83L I think. But its not obvious enough and normies will just let it go, its frustrating. Fast food and cigarettes went up like crazy too but thats consoom so I dont give a fuck. Stay strong man

>>25256989
I think it was 2k per month. It's an insane amount, considering the amount of recipients. Is it a good idea to convert to any other currency if I wanted to do that instead of crypto?

>>25256563
Nothing in that article mentions china.

>>25257109
Thanks fren you too

>>25257054
No kidding, he adores every other country except his own which is hilarious(in a fucked up way)

>>25257115
CHF is usually quite strong compared to other currencies

>>25257115
there are no safe currencies now
stay outside the system!

>>25257115
If you really want some other fiat, JPY is a good pick.

>>25257054
China hold many mine, gold, nickels and few others materials. I am a proud Canadian but I feel ashame at the same time, I really hope there will be a wake up call at some point, people need to see that we are losing our land.

>>25256437
Where does it say Canada sold all its gold to China? You're never going to make it if you keep shitposting.

>>25255288
checked and Al Gore pilled.

>>25257484
Just Google it fag cuckdeau sold everything in 2016

>>25255366
But removing legal tender status is unusual. Usually the bank just swaps it for new notes when it's deposited. In aus even the oldest bank notes are still legal tender.

>>25256141
It is actually quite annoying, and time frames are relatively short. Prompted me to get rid of all my leftover cash from previous travels.

>>25257609
>>25256141
You could exchange it for another currency at least right? But for sure extremely annoying, especially with those with vast amounts

Ive only ever seen a 2 dollar bill in that list, and its because Ive owned it for over 20 years. Never seen once circulated in my 30 years old life

>>25257191
I'd be cautious since the US just labelled Switzerland a currency manipulator, but overall I'm bullish on CHF because the accusation from the US govt was that the Swiss were keeping CHF too low in order to boost exports. If America swings its dick around enough to scare off Switzerland's government from keeping the franc low then I think the outlook is pretty positive for CHF

>>25257297
>>25257197
>>25257191
I'll take note of those, thanks!

>>25257577
Nothing about selling all the gold to China, and it looks like almost all of the gold was sold off from the 1980s to the early 2000s. The chart the OP posted is the last tiny bit of gold that was sold, which was already a fraction of less than a percent of what it was in the 1980s.

>>25257746
>America swings its dick around enough to scare off Switzerland's government
>scare the Swiss banks
yeah, I don't think so. see, the Swiss have been able to exist as a country thanks to their banking sector and currency manipulation. they are not about to give that up just because the world's biggest bully tell them to.

>>25257700
>The (((Riksbank))) has the possibility to redeem all invalid Swedish banknotes, regardless if their age. The fee for redemption is SEK 200 per application.

But I believe you need to be a resident. Foreigners are shit out of luck, no retailer will touch the old notes if you didn't spend them during the transition period, and you can just forget about swapping them at a currency exchange.

>>25257746
I mean i would think a number of countries are doing that on purpose to boost exports, if not that then just reducing tariffs is another. None the less at least it seems like it'll go back up from the previous numbers(with that situation you describe), Or be stable at least(i would think).

>>25257862
fuck wow, at least China wasn't the officially named recipient of the gold. Now we can rest easy with our empty coffers and completely unbacked fiat.

>>25257881
>If you are a tourist and discover that you have invalid Swedish banknotes after you have left the country, you can send them to the Riksbank. The Riksbank has the possibility to redeem all invalid Swedish banknotes. If the request for redemption is approved, the Riksbank will deposit the amount in your bank account (even if it is a foreign bank account).
Correction, looks like you can change them

If the general public isn't using those denominations much already, then there's no reason to make an issue out of it either way.
Just don't print new notes of them and have commercial banks turn the existing notes in to the central bank when they get deposited, just like what they do with paper money that gets slightly damaged or whatever. There's no reason to formally declare them not legal tender like this. It makes the government look like weird fuckups who mess around with your wallet for no good reason.

>>25255157
>all the first-world nations
Say OPEC countries you underage retard

>>25257054
The chinks are only here because Jews opened the gates back in the 60s.

>>25256563
Literally nothing about china. I can tell /pol/ is here with these level of reaches and lack of evidence.

>>25259071
the jews founded the CCP
communism is a jewish creation

>>25255157
Hyperinflation is literally impossible in advanced modern economies. Stop trying to scare people with your doomer conspiracy retardation.

>>25256068
That had nothing to do with it. Just a cherrypicked bs timeline.
Venezuela would still be properous if they weren't economically sanctioned. Main goal was to push them out of the oil mkt and basically caused all their problems.

>>25260127
Mao didn't found the CCP
I thought I escaped retards like you when I ran away from nu-/pol/

>>25260268

>>25255157
yup canada will be one of the first to be rolled onto the IMF SDR ratio, as part of a debt forgiveness program which comes with some pretty dark austerity measures regarding health mandates regarding the pandemic, along with basically restructuring to a centrally planned economy, great reset is not a joke youve been warned. that 20k neets got from the government is not free.

>>25255157
>Now they are revoking the legal tender status of their own national currency.
Hang on. It says this is only for the long defunct bills; 1, 2, 25, 500, and 1000. I've never even seen a 25 or 500 in person.

Now you're right Canada is in some major trouble economically right now. However, I don't think this particular story means what you think it means.

>>25255157
Why dont we just use monopoly money it would save on the printing

>>25260268
A-Anon, are you saying that polcel retards dont really know about politics and the subversive actions of the US to destroy other people's countries, livelihoods and political systems if they raise their heads too high?

>>25257133
>>25259625
>post article documenting canada's selling off all of its gold reserves a few years back
>"but there's no mention of china BUYING the gold, which is obviously the most important part"
hey, i genuinely thought the focus was on how fucked canada is; what even are the implications of china buying the gold, if they happened to be involved in the purchase to any degree?

>>25260268

>>25260499
/pol/ does, nu-/pol/ doesn't

>>25259625
>>25260655

it's not hard to put 2 and 2 together.
https://tradingeconomics.com/canada/gold-reserves
https://tradingeconomics.com/china/gold-reserves

>what even are the implications of china buying the gold, if they happened to be involved in the purchase to any degree?

It implies that Canada owes China and will sell off it's assets to them. Which explains china buying up real estate too.

>>25260499
/pol/ always falls for the wrong narratives. They need to learn real econ/incentives rather than falling for the idiotic politics meme.

>>25260930
>canada had just over 3 tonnes of gold in early 2016, before selloff
>china had nearly 1800 tonnes of gold in early 2016; amount has increased significantly since
okay lol given these numbers why would anyone find china acquiring canada's gold reserves to be implausible then

I'm a burger, so I can't really understand much of what's going on in Canada from an economic standpoint. I know it's meme'd that leaves are struggling, but when pic related is an actual thing, it isn't just a meme.

I know the money printing is absurd, but how long has this been a thing? Can literally all of this be pinned on Trudeau and his policies? Grocery store prices and overall inflated prices on every possible good and commodity is usually the result of decades worth of atrocious economic action, and would probably take at least ten years to dig out of. America recovering after the great depression took that long, plus a war (which isn't economically possible in this generation). It will probably take a younger group of people pissed off enough to get involved with politics to right the ship, and that alone is going to take time for someone (or some group) of economic minded leaders to rise through the ranks.

>>25261333
Given the numbers, why the fuck would they care?
>3 tonnes of gold being a lot
fuck you

>>25256286
>TEH JOOOOOOOOOOOOOOOOOOOZ!

Killself Mother fucker

>>25261689
why in cock's name are you so mad

>>25255157
They are already doing this aren't they? The old notes disappear into the bank system and are replaced by new ones when currency is put into circulation. The whole idea is that you swap it at a bank for currency that you can use once they deem it no longer legal tender.

>>25261556
>>25261556
>(or some group) of economic minded leaders to rise through the ranks.

>>25261804
Adolf Leafler

>>25256068
When this happened did ppl really just hand over their guns?

It's going to go very quickly bros
Once Canada pulls the rug the normies in other countries are going to start catching on real quick
A C C E L E R A T E

>>25256563
You know when they try to predebunk it that things are bad.

>>25259061
What?
OPEC countries: Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela. They are 1st world in the sense OP is using it?

>>25256068
This seems pretty disingenuous considering how much external interference there was >>25260499
Don't confuse boomer tier Faceberg memes with /pol/-tier political discourse (not nu-pol MIGApede faggots), especially when socialism is 50% of national socialism.

>>25255157

>>25260268
>>25260499
Exonomically illiterate morons. They put all their eggs in the oil basket and oil tanked, while at the same time adopting communism and obliterating private industry. I bet you think it was Trump's fault.

>>25262655
What the hell does that even mean?

The Canadian government has less gold than I have in the phone I am typing this.

>>25260274
Mao founded the current CCP in 1949
moshe

>>25255157
You fuckers had $1000 bills?

>>25256287
Oh no, it’s retarded

>>25262961
This is the face of autism

>>25255157
Not reading other posts in this thread, this board is literally more schizophrenic than /x/. Countries often remove legal tender to OLDER notes/coins that are rarely used and printing of them have ceased, this isn't a sign of "the great reset". Have sex incel.

>>25262961
Canada is already dead anyway

>>25255157
>The Canadian Dollar is the closest out of all the first-world nations to triggering massive hyperinflation.
This is not true, inflation in Canada is very muted right now. Consistently below the 2% target despite the BoC doing all it can (QE, 0% overnight rate, forward guidance, etc.)

>Canada sold all their gold to China.
We're not on the gold standard anymore, why would the government need it?

>Now they are revoking the legal tender status of their own national currency
I have never seen a $1, $2, $25, $500, or $1000 bill in my life. I didn't even think the 1, 2, and 25 bills existed

>>25255157
https://tradingeconomics.com/canada/money-supply-m0
This is why.
Click "Max"
Canadians, folks younger than 20 will own nothing in 10 years.

>>25255254

>>25263562
holy fuck the world is on the brink of going extinct
thank kek 95% of my assets is in btc

>>25263517
It is very true, copester. Canada made major, possible fatal, mistakes in response to to the kung flu:
>>25263562

>>25263179
Said the autistic tripfaggot

>>25260268

Why to commies come to 4chan? You have literally the entire rest of the internet to go be the elite's useful idiots in.

>>25256880
>a prime rib roast is $100
Is this serious or an exaggeration? I've never seen a single roast be that expensive even at expensive restaurants here in Montreal or Toronto.

>>25263766
$40 bucks for $10 (US) worth of chicken seems like an exaggeration, but is real apparently.

>>25263766
Look pal, CPI does not include real estate or assets.
News to you. I know.
So what does this really mean?
...
..
.
The youngest, most productive Canadian that is currently in their 20s... graduating with a BS from a top school:
Will. Own. Nothing.
In 10 years, their salary won't keep up with the inflationary increase in real estate or assets.
Canada fucked up on COVID. Gave away a lot of money and fucked up.

>>25260268
>venezuela would still be prosperous
jesus fuck the stupidity. go back

whats the point of welfare if money is worthless

>>25263701
That's the money supply, that's not inflation. What mistakes do you think we made? If you're suggesting we should have made monetary conditions tighter or left them as they were then explain why this wouldn't lead to deflation or why deflation wouldn't be the absolutely terrible thing that almost every economist says it is insofar as it would cause an even bigger economic contraction than what we're facing now

>>25263987
how does lower prices cause economic contraction?

>>25263517
>We're not on the gold standard anymore, why would the government need it?
It's still used to settle international trade and if confidence in fiat money goes away gold will be all that matters.

>>25263874
Literally everyone knew that. But housing prices outstripping salaries wasn't caused by or exacerbated by fiscal stimulus. Monetary stimulus admittedly had a hand in making it worse but the alternative of not doing anything or not doing enough would have been worse

>>25260499
Running a global empire is messy. Napalm sticks to kids.

>>25264028
If you have deflation then it decreases aggregate demand because people are incentivized to hold off purchases and wait. It also encourages firms to decrease production of whatever goods they think won't increase in price to try to maximize production. This hurts businesses because sales drop so they hire fewer people or even lay people off which causes a contraction and it spirals.
Experience and data shows that close to but slightly below an average of 2% annual inflation is enough to encourage spending. Inflation as a whole isn't as problematic as uneven inflation, like if everyone's salary grew by 2% then it wouldn't matter if prices all grew by 2% the problem is when the 2% average is because non-essential things like tvs, radios, etc. became cheaper but this was balanced out by food, housing, energy, etc.

>>25263987
>>25264081
>>25263987
*Facepalm*
The *hyperinflation* actually already occurred this year in assets and real estate. Which is conveniently not in the CPIs or the normies might revolt. We are talking 20%-100%+. The FED put WORKED.
Real estate and assets will now continue to inflate at a faster pace than the salaries of your most productive people due to all of the money that was printed. We are talking 15%+ per year, it's all baked in. Add in your terrible demographics, banks (one of your largest sectors) unable to make much $$ due to mandated 0% interest rates, debt issues, and continual brain drain into the United States.
Well, good luck!

>>25264066
for a small minority of transactions I thought, not a majority. And while there are certain currencies that are definitely problems, the g10 currencies should maintain investors' confidence

>>25264279
This is hands down the dumbest shit I have read on 4chan. People don't hold off purchases. If they did credit card debt wouldn't exist, people would save money and pay with cash.

>>25255157
>monopoly money will soon be worthless.

Let us know when something actually important happens.

>>25264343
I'm sure there are some people who don't have any impulse control, but on the aggregate people do respond to expected price changes. Higher inflation spurs people to make purchases faster even when they don't need things right away and deflation sees people put off purchases to save money even if they would otherwise make them right away

>>25260268
literally unironically and actually kill yourself

As a leaf in Toronto, I am experiencing it. Have 90k in savings, more in crypto tho.

Everything here is getting more and more expensive every year (fuck your 2%) it’s more like 10%. Housing is basically a pipe dream unless u inherit

>>25264306
Strong price increases in real estate has been a trend since before unconventional monetary policy and these massive deficits were a thing, it wasn't caused by recent policy changes. And again, we did these things because despite how unideal are situation is the alternative of sitting on our hands and keeping interest rates at 2% or so and not giving out massive stimulus cheques would have been so much worse. We would have had unemployment in the mid to high teens and so many more people would be unable to make rent or maintain their pre-pandemic lifestyles

>>25264343
You've never waited for a console/GPU/TV to go down in price before you've purchased?

>>25264306
>The *hyperinflation* actually already occurred this year in assets and real estate
A house near me recently sold for over twice the assessment value.

>>25264583
Yes, so?

>>25264736
If it's selling for twice the assessment value, and I mean actually selling, it seems like a home (that's not in some urban shithole) is probably as much of a store of value in Canukistan as BTC or gold. Curious: what is the price of essentially a crack house in Montreal or Alberta? You have to figure gentrification is going to move in on terrible areas eventually. Seems like it would be worth it to store in crypto, let it pump outrageously, buy up some fucked up shacks and rent? Because I'm sure any interest rate through a (((bank))) loan up there makes it nearly impossible to profit at all on any investment.

>>25265044
The problem is real estate is that property taxes are likely to spike with prices, maybe even outpace the appreciation.

The only way to buy is to have an in, or hit a stock pick

>>25255157
Bullish for BTC.

Bullish for ETH.

Bullish for BoringDAO.

>>25261698
>Oh no, I've been found out!

>>25264553
so instead you printed your money and handed it out, do you think this will not have consquences? Look at the graph, the money supply increased over 4x in the past year, is this supposed to just disappear?

>>25266288
You libertarians are so utterly braindead. Unironically preferring to do nothing during a pandemic

>>25264552
same anon. housing is a fucking mess here. have fun trying to find anything under $800,000 + tip in this shithole

>>25256880
>things are starting to become really expensive and our packaging is getting smaller.

They've been doing this in America for years.

>>25266397
No one to blame but the lib government though. Low interest rates, highest immigration rate on the planet, heloc

>>25264552
my neighbours did just that. their aunt died and then inherited the house. also GTAnon.

its good so many bizfolk have capital. maybe the faggots from g might try to come up with some good ideas beyond comparing cheap chink shit they buy or starting countless threads as to why they aren't cancerous faggots.

>>25255576
HAHAHAHAHAHA

>>25266469
>highest immigration rate on the planet


its a catch 22 for canada. we need the population, even low skill population because once capital is accessible, all that pent up demand can be realised. harper did it too, and even more whorishly. he made the girls on onlyfans look like saints in terms what was being sold

>>25266503
I don't understand, how isn't capital accessible?

>>25262838
This has been debunked, rebunked, and debunked again.

>>25266540
LOL soon anon. soon.

so soon anon. what's the size of the global economy?

>>25260499
based
>>25260380
>>25260729
>>25263761
>>25263930
>>25264521
idiots that don't understand the (((american))) empire controlling the narrative at the international stage since post WWII

lol who gives a fuck about canada

>>25266645
people who live there, anon. they give a fuck.

>>25265931
SOVL

Today I remind them.

>>25266702
i dont give a fuck about people who live in canada

>>25255576
Pauvre actresse

>>25260268
HUHHHHH DUHHH

>>25266585
To take advantage of a high immigration rate you'd just need business to flourish and more industries to boom, get the libs out, relax taxation incentivise business to stay. Even put in environmental incentives keep the greenies happy

>>25255302
No, it's being murdered.

>>25255157
Im canadian and knew about this shit for years, especially the bail in regime which you can read about right on the government website, originally integrated by harper.

Soon a million dollar house in Canada will be a no different than spending a million pesos

>>25266288
No, it will have consequences. It will keep inflation from going negative and it may may it reach the overall 2% target. I understand the inflation is going to be uneven and that asset prices like homes are going to rise faster than other goods and that supply won't be able to increase at a similar pace. But we're not in the 70s anymore, we're facing secular stagnation and so far this is our best hope of combating it

>>25266503
What happens if we dont have enough population? Dont people make babies, And that means more resources and jobs for people here already. That doesn't seem like a bad thing at all.

Biz sure is dumb.
https://www.bankofcanada.ca/banknotes/upcoming-changes-to-legal-tender-status-for-older-bank-notes/

>>25266828
>knew about this shit for years
Guess you didn't read the thread where we have nothing but circumstantial evidence about "china buying all canada's gold"

>>25266950
thats not anything new you can find articles on that back in 2015-2016 time

give that a read you leaf faggots

https://www.canada.ca/en/department-finance/news/2018/04/backgrounder-regulations-to-implement-the-bank-recapitalization-bail-in-regime.html

>>25255576

Lmfao brazil based

>>25266839

>we're not in the 70s anymore

Au contraire. We are all in the 70s now, except x10.

>>25255157
They won't let our currency hyperinflate, that's not in anyone (especially the elites) interest. Instead, they'll pass off the inflation into assets like real estate which are already unattainable for the average Canadian. This has happened before, its not new.

>>25255576
kek
the Brazilian Chad vs the Canadian cuck

>>25257133
>>25259625

>>25260268
Based and I unironically believe this. all the American fags brainwashed beyond possible help.

>>25255576
Xi's little bitch

>>25255157
HOW THE FUCK DO I GET OUT OF CAD
HOLY SHIT PLEASE
HELP ME

>>25255302
jews

>>25255157
Leaf bro here. The $1 and $2 have been out of circulation for years, 1986 and 1996. The $25 and $500 I didn’t even know existed. The $1000 were pretty slick though, they had an owl on them and were always crisp bills when you got them. Sad to see those go

>>25260185

>>25268707
Shut the fuck up. The cad has risen against the usd and held against the euro, yen and pound. If you want a currency that is appreciating, go to Bitcoin or the rmb.

>>25268886
Maintaining an exchange rate means nothing if it is devalued

>>25255157

Been putting everything into crypto for a year now. Canada is fucked and I'm just waiting until it's time to leave this dump for a whites only Balkan country where I can shoot niggers that trespass.

>>25266643
suck it simp

>>25268915
Smart boi
>>25268911
Facts

>>25268911
Value is relative. If you get paid in a currency there is no way out. Deal with it. If you don’t like the cad which already holding up very well, there are two other alternatives you can convert to or buy assets.

>>25255505
THIS.

>>25268775
>The $25 and $500 I didn’t even know existed.
Those were both Commemoratives printed for King George V's 25th anniversary of Coronation.
>The $1000 were pretty slick though, they had an owl on them and were always crisp bills when you got them. Sad to see those go
I have a feeling you'll see them return soon enough with the way things are going.

>>25255157
India is a testing grounds for most of the NWO shit, and I’ve been in this rabbithole for a while.
This was done in India a few years ago. Next is digital ID and complete loss of privacy.

>>25269397
Anyone say XRP?

>>25255157
Canada didn't sell jackshit to China it's all retarded new york times propaganda. Also, those bills are now worth more.

you guys dont use one dollar bills in canada like the US ? You have 1$ coins instead ? How do you put 1$ coins in thongs though, are there no strippers in canada ? the other values I can understand they seem pretty stupid.

>>25270950
they put 5's, but its rare to see 5's getting slipped into thongs

>>25262823
kek

>>25264306
normies don't know what the CPI is retard.
Hyperinflation in Canada would be great for me. SKI TRIPS ON THE CHEAP.
Also, I hate Canadians, so the satisfaction of those mug know-it-all bastards eating their own shit would be priceless.
And of course rubbing it in to all the NPR listening to pseud's who thinks Canada is amazing because of socialism...

>>25266503
>>25266469
>>25266844
>highest immigration rate on the planet
The hilarious thing about this, is the average age of the Canadian immigrant is 35.
Yes, 35. What that means is their immigration is actually making their demographics worse in the long run.
Hahahahah holy fucking shit Canadian's are fucking retarded.

>>25272025
You act like that changes much, also learn what averages mean. How long do people work in whatever backwater country you're from?

>>25266370
> Unironically preferring to do nothing during a pandemic
Doing nothing is the best thing for the long term health of the country.

Sounds like the Canucks had it coming for being libshit cesspools.

>>25272045
I know what an average is and how it applies to demographics lmao. I'm from America - also known as the greatest country to have ever existed and the one that makes Canadian's seethe harder than anything.

>>25272058
And taxation is theft and should be stopped immediately

>>25255157
Those bills are deprecated. I've only ever seen a $2 bill and not in about 15 years.

>>25255157
https://freenorth.news/2020/10/14/canadas-global-reset-plan-leaked/?fbclid=IwAR2B1QpTwUSt4l_-WrIA1OoqiBuhhy-Y7vTUZr_f5-BtTtDD24c8fr1pQRM

>>25255157
holy fuck imagine being this economically retarded the CAD is on a run its a petro/commodity dollar. While yes canada has no gold reserves the country is filled with natural resources which trade in CAD. Hence in order to import said resources we see the CAD rising especially as gold silver etc run as all of that shit is mined here. Its really not hard to figure this out. Just look at the CAD/USD ratio since march.