@jofx Avatar @jofx Joe Effex 🕙

Joe Effex 🕙 posts on X about money, canada, debt, housing market the most. They currently have [---] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.

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Social Influence

Social category influence finance countries travel destinations cryptocurrencies automotive brands technology brands stocks currencies luxury brands gaming

Social topic influence money, canada, debt, housing market, inflation, rates, bitcoin, fiat #709, investment, at least

Top accounts mentioned or mentioned by @markmcgrathcfp @mikepmoffatt @danielfoch @danieleripoll @nuolo @lookadude @cafreiman @stevesaretsky @johnpasalis @mpelletiercio @moseskagan @larryruane @seandsweeney @sweatystartup @johnrad15 @jimchuong @theficouple @drcameronmurray @ericdlombardi @theelongwave

Top assets mentioned Bitcoin (BTC) Uber Technologies, Inc. (UBER)

Top Social Posts

Top posts by engagements in the last [--] hours

"@jonpole Should be ideally and with help from favourable market conditions - job market and/or broader economic. And anyway streaming on OnlyFans is largely a self-reliant endeavour - obviously preferred by many and can be lucrative in any content format. Just playin'. 🙃"
X Link 2021-06-15T13:38Z [---] followers, [--] engagements

"@Joe_Meyer1 @Graff2023 @daniel_foch Hi Joe. Thanks for asking. I'm not a Marxist. In contrast to your take I think what mess we're in grew from concentrated capital accumulationwhere democracy's counterbalancing power got increasingly oppressed. If there's no redistribution the underprivileged can't make rent✌"
X Link 2024-11-01T14:26Z [---] followers, [--] engagements

"@kbessey @Diana_C_McNally The rental housing market is engineered to be unbalanced barring speculative overshoot from time to time undersupply of rental housing is the chronic state. This is the case in most places throughout history. Because fast capital accumulation depends on quickly rising rents.✌"
X Link 2025-10-24T17:39Z [---] followers, [---] engagements

"@joeydhansen Hi Joey. I couldn't help but hear you. It could be because the econopolitical system puts incentives in place which across said system motivate homeowners to stay in debt against their properties This person isn't nearly alone suggesting it's a broad problem don't you think✌"
X Link 2025-10-29T19:38Z [---] followers, [--] engagements

"@daniel_foch Do you think that wealthy people simply have greater access to capital/credit and thus have surplus capital/risk capacity and risk tolerance allowing investment beyond housing Otherwise and all else equal owning a home is the most probable way for a household to grow wealth ✌"
X Link 2025-11-05T15:48Z [---] followers, [---] engagements

"@MikePMoffatt But does MMI think this is reasonable or just AI slop✌ "the groups best positioned to absorb more of the cost and adjustment burden are landowners real-estate investors and high-income households who benefit from urban land scarcity and restrictive zoning." #onpoli #cdnpoli"
X Link 2025-11-11T20:05Z [---] followers, [--] engagements

"@moseskagan Hi Moses. Sometimes I just can't help but hear you. I think that wealth is simply income that's been saved after costs Do you know what this graph means and who's been getting proportionately more and more of your country's growing income over time ✌ https://fred.stlouisfed.org/series/PRS85006173 https://fred.stlouisfed.org/series/PRS85006173"
X Link 2025-11-12T15:42Z [---] followers, [--] engagements

"@wealthy_barber Something's gnawing at me re near the end of the discussion. When you propose a need to unite the right and left of ideological spectrum I think you really propose to unify the rich and underprivilegedwhich has been an impossible feat throughout recent (and distant) history ✌"
X Link 2025-11-13T14:37Z [---] followers, [--] engagements

"@beheshtialex Could you please help me make sense of what you mean by your comment I think it's worth considering significant speculative overshoot can happen from time to time here and there for some unusual reason(s) and it's not indicative of normalcy in wherever's housing market ✌"
X Link 2025-11-13T21:42Z [---] followers, [--] engagements

"@InvestorsFriend @JohnPasalis I think a significant number of long-time tenant households whom are fortunate to live in places with rent controls are currently paying much less than market rent and will so still after their next renewal. And I think it's best for tenants to advise/take advice from tenants. ✌"
X Link 2025-11-17T21:19Z [---] followers, [--] engagements

"@InvestorsFriend @JohnPasalis . While I also think that sentiment in solidarity is remarkable and always appreciated"
X Link 2025-11-17T21:27Z [---] followers, [--] engagements

"I encourage @RobynUrback and anyone if they haven't to read Silvia Federici's 'Caliban and the Witch: Women the Body and Primitive Accumulation' and listen to this comprehensive perspective on how and why homelessness is and continues to be systemic. #Toronto #onpoli #cdnpoli @RobynUrback Hi Robyn. What do you think about this ✌ https://t.co/L0mujudki5 @RobynUrback Hi Robyn. What do you think about this ✌ https://t.co/L0mujudki5"
X Link 2025-11-21T18:10Z [---] followers, [---] engagements

"@theericcarlson @sweatystartup Hi Eric. I couldn't help but hear you. If you really think this problem's that simple I think this book could interest you. ✌ 📕 The Price of Time: The Real Story of Interest 🖊 Edward Chancellor 🔗 https://www.goodreads.com/book/show/59056157-the-price-of-time https://www.goodreads.com/book/show/59056157-the-price-of-time"
X Link 2025-11-21T21:09Z [---] followers, [---] engagements

"@SHollywoodN @AaronHectorCFP Hi Chris. I think that politics tends to wind its way into society's every nook and cranny even jargon and measures found in financial planning and projections. ✌"
X Link 2025-11-22T13:35Z [---] followers, [--] engagements

"@moseskagan Moses what do you think is capital"
X Link 2025-11-22T17:23Z [---] followers, [---] engagements

"@AgileJebrim @FJB517846324736 @moseskagan If I've no knowledge nor skills and only own shares of an engineering firm with employees I have capital (financial capital). If I own nothing and only have my engineering knowledge and skills which I tradewith timefor a wage I have capital (human capital). What is capital"
X Link 2025-11-22T21:33Z [---] followers, [--] engagements

"@AgileJebrim @FJB517846324736 @moseskagan I think capital is economic power; capital must be accumulated as profit before it turns at that time into wealth; wealth is political power. The wealthy make most of the rules. And so I wonder what "moral and practical significance of capital" means as @moseskagan says"
X Link 2025-11-22T22:00Z [---] followers, [---] engagements

"@AgileJebrim @FJB517846324736 @moseskagan I'm not a Marxist. I think any econopolitical system fails where there's a failure to have democracy and I think democracy is really hard for groups to have. I'm just curious to know what Moses' definition is and what's the moral and practical significance from his perspective"
X Link 2025-11-22T22:44Z [---] followers, [--] engagements

"@AgileJebrim @FJB517846324736 @moseskagan Let's test that: Person A owns $1000000 in shares today. Person B owns $1000000 in cash today. Tomorrow Person A's shares decline in value to $900000 because of fallen profits while Person B's cash is worth the same as yesterday. Who has more capital tomorrow"
X Link 2025-11-22T23:56Z [---] followers, [--] engagements

"@daniel_foch What about total equity value in residential real estate as a percent of GDP ✌"
X Link 2025-11-23T02:28Z [---] followers, [---] engagements

"Moses ty for sparking some dialogue re capital. Speaking of morality in context I think I've just one more Q If a community's public parkland can sell at discount to privately-owned development do you think that's permitting capital to be confiscated from the community ✌ @jofx It's stored up work enterprise thrift and luck often over generations of a family Practically: Hard to replace if lost and therefore worthy of careful stewardship Morally: Monstrous to confiscate @jofx It's stored up work enterprise thrift and luck often over generations of a family Practically: Hard to replace if lost"
X Link 2025-11-23T22:25Z [---] followers, [--] engagements

"@proxy_vector @moseskagan Hi Rohan. I think there's room for any landlord to simply hire an attorney who knows what they're doing (who can spot things like Moses) Is that a sensible way to spend some of the rent Is this a problem only if and when landlords cut corners to squeeze out more NOI and ROI ✌"
X Link 2025-11-26T21:43Z [---] followers, [--] engagements

"@StephenPunwasi When you adjust for Arctic air maybe the Gripen comes out ahead. 😬"
X Link 2025-11-26T23:52Z [---] followers, [---] engagements

"@towhey Hi Mark. Some veterans are also wealthy real estate owners don't you think ✌ "The damages awarded Tuesday was for lost rental income People reported after the propertys previous owner Carl Westcott tried to rescind the [----] sale to Perry and her actor ex Orlando Bloom.""
X Link 2025-11-27T19:13Z [---] followers, [--] engagements

"@moseskagan I think you're making a different argument the same could be said for any country which benefits from US innovation and consumer spending. Why do Nordic Model countries which are included in the above experience better public health outcomes vs. the UK It must be culture"
X Link 2025-11-28T15:38Z [---] followers, [--] engagements

"@LeroyIII481373 @FrankfortDarryl @danielfoch Does it make some rents more affordable while some smaller builders get screwed"
X Link 2025-11-29T00:37Z [---] followers, [--] engagements

"@UniBasicservice @floydmarinescu Hi Universal basic services. I think I'm not saying what we need or don't need aside from how to appeal to the ears of the ruling class ✌"
X Link 2025-11-29T13:14Z [---] followers, [--] engagements

"@moseskagan . Perhaps as capital becomes scarce class solidarity grows; and as capital becomes less scare class solidarity has a chance to relax because the treat is or at least feels less present"
X Link 2025-11-30T01:09Z [---] followers, [--] engagements

"@moseskagan . For what this 👇 is worth I think the tech bros and their companies' P/E ratios suggest at least a Canadian-tonne of capital my take here ☝ ain't so hot. And ChatGPT probably thinks I should get the next Nobel in something. 😂"
X Link 2025-11-30T14:39Z [---] followers, [--] engagements

"@moseskagan @ggraham If the median consumer's purchasing power falls over time because such power's tied to a wage which gets systemically suppressed is it really reasonable to say consumers vote for discount prices or is it just a way to frame and justify policy that has taken away their power ✌"
X Link 2025-12-01T19:39Z [---] followers, [--] engagements

"@moseskagan @ggraham Please do but only if the graph bakes in the price of assets to the measure it expresses as inflation"
X Link 2025-12-01T19:43Z [---] followers, [--] engagements

"@moseskagan @ggraham . Consumers are happy to pay lower prices today for the same quality of goods and services as yesterday; in the case of Walmart and DG and whatever discount retail goods prices are driven down along with quality I think"
X Link 2025-12-01T20:03Z [---] followers, [--] engagements

"@ggraham @moseskagan Hi Geoff. Do you think the Walton's and Bezos and peers make the rules or simply play by them ✌"
X Link 2025-12-01T21:15Z [---] followers, [--] engagements

"@mikalskuterud I think they or at least leader ministers know it. Here's the crux Capitalism simply ain't about having efficient resource allocation across the land; it's about policing profit flows and accumulation. Democracy's the counterbalance; looks like democracy's usually broken. ✌"
X Link 2025-12-04T15:15Z [---] followers, [---] engagements

"@realEstateTrent Are you sending from Docusign's or your own domain If the latter talk to IT re SPF DKIN DMARC. ✌"
X Link 2025-12-04T22:09Z [---] followers, [---] engagements

"@sircalebhammer I think you may be mistaking the effect of speculative overshoot in the rental housing market. What land investor and building developer chooses to on purpose force falling rents at the expense of killing the value of their portfolio ✌"
X Link 2025-12-05T00:11Z [---] followers, [---] engagements

"I think De Beers will fight to buy them up and stick them all in some vault somewhere releasing only so many each year into the market. ✌ Who is going to have money to buy the houses when boomers finally decide to sell them Who is going to have money to buy the houses when boomers finally decide to sell them"
X Link 2025-12-05T19:14Z [---] followers, [---] engagements

"@DrCameronMurray When production stops in an instant everyone and everything goes from investing to saving and the natural rate of interest must collapse. If the policy rate had been any higher than nothing would the rates of interest charged to households and business have felt like infinity"
X Link 2025-12-06T01:09Z [---] followers, [--] engagements

"@DrCameronMurray . I think that folk within the community are quite happy to pass cash around amongst each other if they're in some real uncertain crisis but the bank is staunch and stringy and really always wants to know that any money it lends out is nearly certain to come back"
X Link 2025-12-06T01:21Z [---] followers, [--] engagements

"@DrCameronMurray Ergo permitting the so-called rational actors within the economy to lever up so high in the first place may have been the real mistake that killed the policy rate"
X Link 2025-12-06T01:42Z [---] followers, [--] engagements

"@moseskagan 🧐 "For years low interest rates fuelled a big-city condo-flipping frenzy. Profits got bigger and condos got smaller. Now the bubble has popped leaving behind thousands of unsellable unlivable units." 📰 The Condo Crash https://macleans.ca/longforms/canada-condo-market-crash/ https://macleans.ca/longforms/canada-condo-market-crash/"
X Link 2025-12-09T17:58Z [---] followers, [--] engagements

"@mnolangray What do you think about this ✌ "For years low interest rates fuelled a big-city condo-flipping frenzy. Profits got bigger and condos got smaller. Now the bubble has popped leaving behind thousands of unsellable unlivable units." 📰 The Condo Crash https://macleans.ca/longforms/canada-condo-market-crash/ https://macleans.ca/longforms/canada-condo-market-crash/"
X Link 2025-12-09T18:01Z [---] followers, [--] engagements

"@moseskagan Moses if we're being reasonable the body of laws both empowers and restricts the rich and both empowers and restricts the underprivileged And to answer your question: who'd shoot first and get away with it (I don't condone violent dispossession.)"
X Link 2025-12-13T23:15Z [---] followers, [--] engagements

"@wealthy_barber @danielfoch Because they love their homes own pensions and shares financial engineering's made new ways to monetize real estate and they voted in a way to conveniently defer paying property tax to the extent that they have or at least can report having low incomes ✌"
X Link 2025-12-15T19:54Z [---] followers, [---] engagements

"@cafreiman Yes; but the argument and point being made is not that they could pay all the people's bills with their enormous wealth Your post here deflects from the argument by posing a different one The audience here is smarter than to fall for this sleight of hand don't you think ✌"
X Link 2025-12-17T13:14Z [---] followers, [---] engagements

"@IAmMiamiFL @cafreiman I think new stock dilutes existing stock and so the effect in itself is a wash You said a wealth tax destroys wealth because it floods the market and removes intrinsic value. But I'm not and wasn't talking about any tax. The argument's about seizure and reallocating ownership"
X Link 2025-12-17T19:52Z [---] followers, [--] engagements

"@moseskagan If I'm super rich and pay little tax and if gov't taxes and borrows to fund investment accounts and if deposits to accounts boost share prices and if I donate some money to the accounts and boosts share prices/lower my little tax and if I own most shares who really benefits"
X Link 2025-12-17T21:03Z [---] followers, [--] engagements

"@moseskagan . To be clear I'm not saying it's a bad or good idea; just wondering who really benefits that is on an inflation-adjusted basis"
X Link 2025-12-17T21:27Z [---] followers, [--] engagements

"@moseskagan @zachweinberg Labor share the amount of aggregate income paid to workers as wages is on a downward trend If this isn't offset with taxes on capital income and/or on wealth government must borrow to fill the gap (all else equal) Is the OP's thesis flawed 🔗 https://fred.stlouisfed.org/series/PRS85006173 https://fred.stlouisfed.org/series/PRS85006173"
X Link 2025-12-18T15:41Z [---] followers, [---] engagements

"@moseskagan @zachweinberg 🥱😴 Prompt: You're an expert unbiased economic anthropologist and monetary economist. I'm going to paste to you three posts from X each from different people. Then please give me your concise yet thorough assessment of each argument's validity. Thank you"
X Link 2025-12-18T16:20Z [---] followers, [---] engagements

"@MuchGreenGrass @moseskagan I think our lands are different yet pretty similar in plenty of wayslike how we police the pursuit and rate of capital accumulation. Homelessness is a growing problem we share in common. I'm just saying: any folk always seek safety/survival at their optimal cost-benefit ratio"
X Link 2025-12-19T15:51Z [---] followers, [--] engagements

"@moseskagan @jaymart222 I think it's pretty unreasonable and probably offensive or at least unsophisticated to presume all proponents of rent control have an intellectual disability And making progress never really comes too fast for humanity 📰 Rent Control Is Fine Actually https://www.currentaffairs.org/news/rent-control-is-fine-actually https://www.currentaffairs.org/news/rent-control-is-fine-actually"
X Link 2025-12-20T19:03Z [---] followers, [---] engagements

"@RockChartrand I think Matt's pretty gross and that your thesis while I hear what you're trying to say is flawed if progress is confined to being measured in capital accumulation (for whatever it's/its worth). ✌ "whenever the capitalist system is threatened by* a major economic crisis.""
X Link 2025-12-22T15:38Z [---] followers, [--] engagements

"@seandsweeney Do you think we can have higher and higher rents and higher and higher property portfolio values and quality pizza prices that don't change or stay about the same ✌"
X Link 2025-12-22T21:51Z [---] followers, [--] engagements

"@OkanaganJeff @kbessey Hi Jeff. Do you think the typical long-term tenant prefers relief from a month or few of rent or rather a reduction today which sticks in the long run ✌"
X Link 2025-12-24T15:11Z [---] followers, [--] engagements

"@MikePMoffatt I think it's becoming a great privilege for one to escape from noise and noise's health impacts while in one's own home. Here's a local oldie/goodie. There's some newer too. 📄 How Loud is Too Loud Health Impacts of Environmental Noise in Toronto 🔗 https://www.toronto.ca/wp-content/uploads/2017/11/8f98-tph-How-Loud-is-Too-Loud-Health-Impacts-Environmental-Noise.pdf https://www.toronto.ca/wp-content/uploads/2017/11/8f98-tph-How-Loud-is-Too-Loud-Health-Impacts-Environmental-Noise.pdf"
X Link 2025-12-26T14:24Z [---] followers, [---] engagements

"@MikePMoffatt @EricDLombardi I think there's a class of folk who afford having quiet space inside their homes who may also have some other quiet spaces like an office somewhere to escape to And other folk either tolerate or suffer from the noise(s) Noise mustn't be dismissed from the conversation ✌"
X Link 2025-12-26T17:54Z [---] followers, [--] engagements

"Please if I may I think Jim makes a mistake in this analysis: economics suggests cases in which cash could flow from landlord to tenant; it's politics in contrast that makes and enforces laws which push rents upward. (Follow for some wisdom and much monetized nonsense.) ✌ A friend of mine lives in Ontario Canada and they recently learned something surprising about real estate. In parts of the U.S. tenants actually pay landlords. This was new information to them. In Ontario the system works a little differently. The landlord pays the tenant. https://t.co/ncjv1fi5Sn A friend of mine lives in"
X Link 2025-12-27T23:03Z [---] followers, [---] engagements

""What is clear is that the GTA needs more homes middle-class families can afford." Or: What is clear is that the GTA needs more homes would-be middle-class families can afford because today they're barred from joining or staying in the middle class. No ✌ #onpoli #cdnpoli New piece at the Toronto Star looking at the link between housing affordability and falling birthrates. In short families are having fewer children than they'd like because they can't afford family-friendly homes. Read here: https://t.co/HbKKFukOCF New piece at the Toronto Star looking at the link between housing"
X Link 2025-12-29T19:31Z [---] followers, [--] engagements

"@MikePMoffatt "What is clear is that the GTA needs more homes middle-class families can afford." Or: What is clear is that the GTA needs more homes would-be middle-class families can afford because today they're barred from joining or staying in the middle class. No ✌"
X Link 2025-12-29T19:32Z [---] followers, [---] engagements

"@katiebiber Hi Katie. I hear you. If a central bank makes money that gets lent to government and in turn is used to purchase assets whose profits benefit the public is that from where public capital comes From where does private capital and profits come What do you think about this ✌ SECTORAL BALANCES "Sectoral analysis is based on the insight that when the government sector has a budget deficit the non-government sectors (private domestic sector and foreign sector) together must have a surplus and vice versa." 🔗 https://t.co/KPqRKr401M https://t.co/iq2MDTi5a9 SECTORAL BALANCES "Sectoral"
X Link 2025-12-29T19:53Z [---] followers, [---] engagements

"@JasmineHafezzz @katiebiber Hi Jasmine. I think the banks (1) are forced by law to bid on and buy government bonds and (2) have accounts at the Fed ✌"
X Link 2025-12-29T21:06Z [---] followers, [---] engagements

"@JasmineHafezzz @katiebiber I made a rookie mistake in my haste (I think I should know better). It's the member banks who make the state's money using the laws of monetary magic subject to the Fed's constraints. And one way or another the government's treasury borrows money from the banking system. No"
X Link 2025-12-29T21:32Z [---] followers, [--] engagements

"@JasmineHafezzz @katiebiber I mean the State (country) not various states. But I think we're on the same page. Small correction: it's the primary dealers who're required to bid on and buy treasuries. And good point: each states borrows too. In the US which came first: gov't currency and spending or tax"
X Link 2025-12-29T22:58Z [---] followers, [--] engagements

"@MikePMoffatt Yeah; I think it's reasonable to appreciate that some folk tend to resist having their quality of life clawed back for the benefit of some others' rate of accumulation. ✌"
X Link 2025-12-30T01:26Z [---] followers, [---] engagements

"@davidfrum Hi David. I hear you. Do you think your insight explains why homelessness is booming in North America and wherever And what do you think about this"
X Link 2025-12-30T18:39Z [---] followers, [---] engagements

""The connection between common land and UBI is that both institutions allow every individual to have access to the resources they need to survive without conditions imposed by others." 📰 The Deep and Enduring History of Universal Basic Income https://thereader.mitpress.mit.edu/the-deep-and-enduring-history-of-universal-basic-income/ https://thereader.mitpress.mit.edu/the-deep-and-enduring-history-of-universal-basic-income/"
X Link 2025-12-30T19:25Z [---] followers, [--] engagements

"@JmsOlvr @cafreiman I think property and zoning laws tend to be designed and policed with the primary goal of protecting capital and its further accumulation"
X Link 2026-01-02T23:57Z [---] followers, [--] engagements

"@MarkMcGrathCFP @HeiderKate Yikes 😳 If I may I think working folk are experiencing some extra degree of fatigue these days re class tension showing up here and there whether unannounced or announced (as it were). But I can't reason how such an attack would ever make anything really better. Enjoy ✌"
X Link 2026-01-03T17:41Z [---] followers, [---] engagements

"@hank_tuttle2 @MikePMoffatt @JimboStanford Hi Hank. If I may I think all folk are motivated to behave with respect to incentives and their individual cost/benefit calculations If the cost of trying to save for something gets too big to bear in one lifetime it makes great sense to spend on having joy today instead ✌"
X Link 2026-01-06T16:41Z [---] followers, [--] engagements

"@cafreiman Do you think that the credit (card) industry having turned into basically one big predatory lender has been net-positive for the bottom half or whatever appropriate social class measure of the income distribution if otherwise positive on the corporations owners' profits front✌"
X Link 2026-01-10T18:01Z [---] followers, [---] engagements

"In today's news at the intersection of capital accumulation and academic scholarship Two business school professors from the University of Technology in Sydney have sounded the alarm on the declining quality of academic literature in a new publication titled The junkification of research. Drawing parallels to the enshittification of online platforms they https://t.co/zArFzYZRnZ Two business school professors from the University of Technology in Sydney have sounded the alarm on the declining quality of academic literature in a new publication titled The junkification of research. Drawing"
X Link 2026-01-10T20:41Z [---] followers, [--] engagements

"@sweatystartup Hey @grok do you think Nick tends to use exclusive language for some reason And do you think his message here presumes an audience of men or anyone who might want to meet any woman and have more than just one kid (With interest and no prejudice.) ✌"
X Link 2026-01-11T05:06Z [---] followers, [--] engagements

"@MPelletierCIO By what annualized rate after inflation has TriVest's typical client's portfolio grown over the past few years Do you think they'd prefer to've had any lower growth over that time if it came with cheaper breakfasts out today Is there any connection or am I out to lunch ✌"
X Link 2026-01-11T18:57Z [---] followers, [---] engagements

"@danielfoch If more landlords let more folk live rent-free at least for a little bit and/or if more homeowners invited more folk in to live rent-free at least for a little bit more wage-workers might feel more free to stop working for a bit and take a risk at being an entrepreneur instead"
X Link 2026-01-12T14:17Z [---] followers, [---] engagements

"@Jtgw1981 @cafreiman Hi JGW. I think the argument that's made is reasonable and is: where there's relevant regulatory capture the owners of assets benefit from control and accumulation that hasn't come from keen investing and/or long hard work but rather from scratching some regulatory body's back"
X Link 2026-01-12T14:29Z [---] followers, [--] engagements

"@Jtgw1981 @cafreiman I don't think I said so; I think the free market is a myth. From what I gather after digging into economic anthropology a bit the State comes first and creates the conditions (laws and law enforcement) by which the Market comes to exist and function. This seems uncontroversial"
X Link 2026-01-12T16:07Z [---] followers, [--] engagements

"@Jtgw1981 @cafreiman I don't think monopoly or oligopoly powers result from market outcome; I think they boil back to natural differences which is why they must be policed if to have a civilization. In other words the mightiest or most well-capitalized design and enforce the rules which matter"
X Link 2026-01-12T16:31Z [---] followers, [--] engagements

"@MikePMoffatt @PJforTO If I may Do you think the budget's size is matched to Canada's need for new housing or to owners of real estate in Canada's political power to protect unearned capital accumulation 'Cause a pretty large budget in itself means nothing until it's measured against whatever ✌"
X Link 2026-01-13T18:50Z [---] followers, [--] engagements

"@gpooley @cafreiman Hi Gale. I think you make a great point and that any gains must be weighed against the losses all before price comes into play. ✌"
X Link 2026-01-20T18:59Z [---] followers, [--] engagements

"@DavidNorrish @cafreiman @gpooley Do you think that in at least some cases the price makers only ever really speak for fear of and in advance of regulators responding to the price takers' otherwise powerless outcries"
X Link 2026-01-21T17:49Z [---] followers, [--] engagements

"I think it's impossible to police-force our way out of economic inequality and housing precarity. To mitigate crime the "haves" must fund more social services housing jobs. Vibrant dense mixed residential-commericial communities are crime deterrents in effect. ✌ #cdnpoli We talk about "density" like its just a zoning problem. Its not. It's a trust problem. If people don't feel safe on the TTC they won't use it. If they don't feel safe on their streets they won't support density. On the new Classonomics @MikePMoffatt and I get honest about https://t.co/HAHXmxhNqy We talk about "density" like"
X Link 2026-01-22T16:20Z [---] followers, [--] engagements

"@MikePMoffatt Mike & @carastern. Looking forward to it. Curious if the crux was covered Post-war homeownership served elites: stabilized capitalism converted wages to insured debt spread risk. The model stalled. Now elites desire direct rent extraction and capital gains via scarcity. ✌"
X Link 2026-01-23T15:50Z [---] followers, [--] engagements

"@cafreiman I think it boils down to power force and discipline ✌"
X Link 2026-01-24T22:58Z [---] followers, [---] engagements

"@realyobservable @cafreiman Hi R. I think those are some good questions and that maybe the political trick is to also convince the folk that upward class mobility is much more attainable through long and hard work than it really is ✌"
X Link 2026-01-24T23:36Z [---] followers, [--] engagements

"@realyobservable @cafreiman I'm not arguing for socialism here and I think we could agree that any econopolitical system is as oppressive as its lack of democracy where the system of governance is corrupt no worker stands a real (inflation-adjusted over time) chance"
X Link 2026-01-25T00:18Z [---] followers, [--] engagements

"@cafreiman Some rogue engineer or launch crew or whomever could attempt sabotage to impact the outcome in hope of gaining great fortune at the expense of some lives don't you think ✌"
X Link 2026-02-15T14:28Z [---] followers, [---] engagements

"@RobynUrback Hi Robyn. I think babies boomed in the post-war era when wage-earning homes had plenty of power to boost their pay and compress rents Along with institutions and policy supporting younger folk families formed around some stability and ability to participate in the system✌"
X Link 2026-02-15T23:37Z [---] followers, [---] engagements

"@MikePMoffatt Can the current federal governmentand the class of folk it representsbring homeownership to today's non-owners Or does doing so require a change of representation in government Is there a point if the latter in trying to convince the current government to change policy ✌"
X Link 2026-01-27T20:08Z [---] followers, [---] engagements

"@MarkMcGrathCFP 😂 "You mean I can't just use my $20/month Claude subscription" 🤦♂"
X Link 2026-01-27T20:25Z [---] followers, [--] engagements

"@Revvedupprofits @cafreiman I think the argument's shifting. That's OK. Yes; where extraction accumulation and industrialization's made sweatshop work comparably beneficial for whomever vs. another option it's reasonable that they'd be motivated to do that work. And can we really say they're not forced"
X Link 2026-01-27T22:59Z [---] followers, [--] engagements

"@jasonpereira Have you tried vibe coding an agent to keep up with AI news on your behalf and another to keep up with the other's output 😂"
X Link 2026-01-29T19:43Z [---] followers, [--] engagements

"@jasonpereira [--] CLS [--] END"
X Link 2026-01-29T21:49Z [---] followers, [--] engagements

"@kbessey I'm not say the numbers don't create a strong and real deterrent. But I think the analysis falls conveniently short of considering any gains from perpetual refi and price appreciation Make a deal with a tenant: pay a bit higher rent in exchange for owning such future gains ✌"
X Link 2026-01-29T22:13Z [---] followers, [--] engagements

"@danielfoch I think it's wise to at least beware of the AI-agent-labour union of the future. ✌ 📰 Emergent social conventions and collective bias in LLM populations 🔗 https://www.science.org/doi/10.1126/sciadv.adu9368 https://www.science.org/doi/10.1126/sciadv.adu9368"
X Link 2026-01-29T23:55Z [---] followers, [---] engagements

"@danielfoch Good luck to @RBC and @REALTORdotca (as if the motive ain't ulterior). Pumping the levels of education advice and debt can't really fix affordability now. Growing wages/suppressing rents (wages and rents are relative to each other) is why post-war affordability boomed. ✌"
X Link 2026-01-30T15:23Z [---] followers, [---] engagements

"@danielfoch @RBC @REALTORdotca . I mean maybe @RBC and @REALTORdotca will endeavour to ramp up their hiring of humans or otherwise figure a way to start loaning mortgages and brokering property to the emergent AI-agent working-class robots"
X Link 2026-01-30T15:30Z [---] followers, [--] engagements

"@cafreiman You're being pretty misleading and academically problematic here conflating communism with genocide don't you think ✌ 📰 Cambodian genocide https://en.wikipedia.org/wiki/Cambodian_genocide https://en.wikipedia.org/wiki/Cambodian_genocide"
X Link 2026-01-31T14:23Z [---] followers, [---] engagements

"@JHochderffer @cafreiman @grok If you could show me here (or anywhere) where I've made an argument in support of having communism I'll eat my hat with store-brand ketchup"
X Link 2026-01-31T15:07Z [---] followers, [--] engagements

"@JHochderffer @cafreiman @grok I'm lazy ChatGPT prompt: You're an unbiased economic anthropologist who subscribes to academic consensus. Could you list any genocides throughout history from the period of primitive accumulation through present day which were a direct result of capitalism and its expansion"
X Link 2026-01-31T15:23Z [---] followers, [--] engagements

"I appreciate that @cafreiman seems to encourage debate on here. Thanks Chris for permitting me when I piggyback on any of your posts (if I think they're controversial). ✌ @JHochderffer @cafreiman @grok Why are you being so mean here (Rhetorical.) Have I not debated in good if lazy faith https://t.co/O0DH3ipzQY @JHochderffer @cafreiman @grok Why are you being so mean here (Rhetorical.) Have I not debated in good if lazy faith https://t.co/O0DH3ipzQY"
X Link 2026-01-31T16:14Z [---] followers, [--] engagements

"@NoiseesoiN @cafreiman Hi Noise. I think you're right. Jeffrey here and I had a little debate that reflects my perspective. ✌ @JHochderffer @cafreiman @grok I think we could also ask whomever if it's unreasonable and unsophisticated to conflate death due to political oppression with any genocide @JHochderffer @cafreiman @grok I think we could also ask whomever if it's unreasonable and unsophisticated to conflate death due to political oppression with any genocide"
X Link 2026-01-31T17:11Z [---] followers, [--] engagements

"@PHfloor I think in other words: politics forces new money into chosen hands. ✌"
X Link 2026-01-31T17:19Z [---] followers, [--] engagements

"Hi David (@wealthy_barber). I just had a thing to do at the mall (ugh) and thought I'd peep what's new on the bookstore's Business shelves. Would you believe what some couple came to pick up specifically I thought you'd appreciate my sharing this with you and all here. Cheers.✌"
X Link 2026-01-31T21:01Z [---] followers, [----] engagements

"@ManyBeenRinsed @Weird_Canadian I think the folk who Canadian-make and/or sell furniture are only motivated if they can take enough money home to pay the rent or mortgage at the end of the day If investors are happy with lower ROI and less money to spend the whole system not one industry could deflate ✌"
X Link 2026-02-01T14:15Z [---] followers, [--] engagements

"@ManyBeenRinsed @Weird_Canadian . And deflation sucks for or kills the folk whose money mostly comes from having a wage after doing labour; I think inflation-to-date is best if staying baked in while Canadians collaborate or collude to redistribute profit flows and reflate the working wage. Don't you think"
X Link 2026-02-01T14:34Z [---] followers, [--] engagements

"@tuvya68 @ManyBeenRinsed Hi Lorien. What do you think about this ✌ "the lack of updated assessments has forced towns to raise tax rates instead of benefiting from natural assessment growth." 📰 LaSalle council rejects motion looking to restart frozen MPAC assessments https://www.am800cklw.com/news/lasalle-council-rejects-motion-looking-to-restart-frozen-mpac-assessments.html https://www.am800cklw.com/news/lasalle-council-rejects-motion-looking-to-restart-frozen-mpac-assessments.html"
X Link 2026-02-01T23:26Z [---] followers, [--] engagements

"@DrCameronMurray @CelebrateMales I think that after many thousands of years or so of holding power in most of humanity's places if and when some other folks make really large and increasingly fast gains by catching up in strength it's pretty damn natural to actually conflate sharing space with being at war ✌"
X Link 2026-02-02T00:34Z [---] followers, [---] engagements

"@ryangerritsen @CamGuthrie Hi Ryan. I hear you. What do you think about this ✌ "the lack of updated assessments has forced towns to raise tax rates instead of benefiting from natural assessment growth" "the losers could be the ones that have been in LaSalle for a long time" https://www.am800cklw.com/news/lasalle-council-rejects-motion-looking-to-restart-frozen-mpac-assessments.html https://www.am800cklw.com/news/lasalle-council-rejects-motion-looking-to-restart-frozen-mpac-assessments.html"
X Link 2026-02-02T01:32Z [---] followers, [--] engagements

"@JohnRad15 @JimChuong Hi John. If I could be even fairer (I think I'm always pretty fair) to all folk who fight and scramble for scarce short-run profitclearly due to what must be a natural fear of dyingthey say 1% of the population is psychopathic: mean for fun or to at least see some reaction.✌"
X Link 2026-02-04T00:06Z [---] followers, [--] engagements

"@varneybe @cafreiman When I say rents here I mean the economic type not just land rents. I think I also mentioned wealth accumulation. But never mind that. Have you noticed U.S. CPI conveniently excludes price changes with respect to asset values and the cost of finance Why do you think that is"
X Link 2026-02-05T18:02Z [---] followers, [--] engagements

"@457732277a @MikePMoffatt Hi 457732277a. Please would you permit my poetic licence. I really mean the declining rate of labour productivity (and wage collapse) in Canada which I think is implicit and understood by the keen economic anthropologist professional or otherwise. ✌ 🔗 https://philip635.substack.com/p/accounting-for-the-decline-of-canadas https://philip635.substack.com/p/accounting-for-the-decline-of-canadas"
X Link 2026-02-06T13:33Z [---] followers, [---] engagements

"@nmilesof @cafreiman Jon here and I have been talking along that line. Further down I try to better explain what I think these data say. TL;DR: Rising real incomes after tax have been absorbed by rising rent while more to the main point half of households are falling further behind rising rent. @JDStokes79 @nmilesof @cafreiman Go look up the CPI definition I'm not too good with charts. I think some lines start in '83 and '84 so I set '84 to [---]. Is this average rent and average after-tax (disposable) income growing while half the income-earners are falling further behind 🔗"
X Link 2026-02-07T05:11Z [---] followers, [--] engagements

"@JDStokes79 @nmilesof @cafreiman Perhaps we've been in agreement all along about why the chart Chris posted doesn't say much of anything whether on its own or in response to whatever the median amount of worker savings"
X Link 2026-02-07T05:21Z [---] followers, [--] engagements

"@nmilesof @cafreiman If we look at income on its own the median worker hasn't fallen behind. If we look at how much housing the median worker can buy with their income the median worker has fallen behind. Income is meaningless until it's measured against at least anything (housing in this case)"
X Link 2026-02-08T17:11Z [---] followers, [--] engagements

"@nmilesof @cafreiman . It's why I think Chris's post is academically problematic at best and potentially misleading at worst. @JDStokes79 @nmilesof @cafreiman Perhaps we've been in agreement all along about why the chart Chris posted doesn't say much of anything whether on its own or in response to whatever the median amount of worker savings. @JDStokes79 @nmilesof @cafreiman Perhaps we've been in agreement all along about why the chart Chris posted doesn't say much of anything whether on its own or in response to whatever the median amount of worker savings"
X Link 2026-02-08T17:35Z [---] followers, [--] engagements

"@nmilesof @cafreiman Broad CPI that's used to measure the change in real income is a weighted average of a basket of different component prices. Housing rents within the basket have grown at a faster rate than CPI. In this graph that's why rents slope upward while real median income is rather flat"
X Link 2026-02-08T18:10Z [---] followers, [--] engagements

"@nmilesof @cafreiman The median household has less discretionary income after housing costs than it had in [----] and I think going back to the post-war middle class boom. @nmilesof @cafreiman Yes; we're comparing median income to nominal change in rents. Nominal median personal income tracks with rent and pulls ahead. If measured at household level then we see the median household falling behind (I think it impacts median worker savings). 🔗 https://t.co/1m24PGKIbm https://t.co/JWfRnRfc90 @nmilesof @cafreiman Yes; we're comparing median income to nominal change in rents. Nominal median"
X Link 2026-02-09T00:38Z [---] followers, [--] engagements

"@TheELongWave @JohnRad15 . I think the credit cycle is an unavoidable product of class conflict; and class conflict is inherent to society and politics at least where there's perceived scarcity"
X Link 2026-02-15T16:54Z [---] followers, [--] engagements

"@TheophanesRex @RobynUrback I think the political class from which the author's perspective reads was in consensus until social unrest posed a threat to incumbent power and accumulation. Now they want a culture of reproduction in lieu of policy distributing prosperity first. And so the story goes. ✌"
X Link 2026-02-16T14:43Z [---] followers, [--] engagements

"@realEstateTrent Hi StripMallGuy. I think if a $75k/year worker's net worth is made of mostly human capital and some strip mall person's net worth is made of mostly physical and financial capital each year the former is forced to fork over a greater proportion of return on capital. No ✌"
X Link 2026-02-07T05:38Z [---] followers, [--] engagements

"@TheELongWave We agree. And I think that rather than point fingers at finance credit and money we must consider globalization demographics and class conflict's impact on the political economy. Post-war was an emerging market experiencing a boom in electricity automation and finance"
X Link 2026-02-14T22:56Z [---] followers, [--] engagements

"@TheELongWave @JohnRad15 I think we agree: debt cycles are econopolitical phenomena (natural I think) and public debt's limit in absence of production is (run-away) inflation; distribution/balance matters. The post-war household credit boom gave the working class its power to access the system on mass"
X Link 2026-02-15T16:21Z [---] followers, [--] engagements

"@TheELongWave @JohnRad15 If the U.S. and peers stuck to gold and restrained debt I think productivity would've slowed while wages prices assets got deflated as populations boomed the middle class would've been wiped out. And if a hostile nation flipped to fiat first they'd've had a huge advantage"
X Link 2026-02-15T16:49Z [---] followers, [--] engagements

"@TheELongWave @JohnRad15 I think rent seeking is a sad constant and again the reason why post-war workers suppressed some extraction is due to a collision of factors. If today's money supply weren't fiat/flexible I think the nouveaux rentier class would still extract at the expense of more poverty"
X Link 2026-02-15T19:59Z [---] followers, [--] engagements

"@TheELongWave @JohnRad15 . I think it's innovations in money and finance and fiat which sparked imagination and innovation and which powered real growth throughout the story of humanity. 📗 Money: A Story of Humanity 🖊 David McWilliams https://www.simonandschuster.ca/books/Money/David-McWilliams/9781982152956 https://www.simonandschuster.ca/books/Money/David-McWilliams/9781982152956"
X Link 2026-02-15T20:04Z [---] followers, [--] engagements

"@RobynUrback . I think that contraception is nothing new (and really abstinence is its most reliable form)"
X Link 2026-02-15T23:40Z [---] followers, [--] engagements

"@Captain4thTurn @TheELongWave @JohnRad15 I'm familiar with the Great Deflation and I'm pretty tired today so please permit my AI-supported reply. What do you think about this ✌"
X Link 2026-02-16T14:01Z [---] followers, [--] engagements

"@TheELongWave @Captain4thTurn @JohnRad15 I think deflation's impact is experienced unevenly. Fiat benefits the displaced and underprivileged in the short run stabilizes (if always wobbly) capital relations and social cohesion in the long run. I think fiat could help redistribute capital todaypower and policy willing. @Captain4thTurn @TheELongWave @JohnRad15 I'm familiar with the Great Deflation and I'm pretty tired today so please permit my AI-supported reply. What do you think about this ✌ https://t.co/V0IwMA9EZn @Captain4thTurn @TheELongWave @JohnRad15 I'm familiar with the Great Deflation"
X Link 2026-02-16T16:06Z [---] followers, [--] engagements

"@TheELongWave @Captain4thTurn @JohnRad15 I think the chart I posted addresses the cost-benefit across many facets. But let's presume gold. Nationsor private corpsgo to war to hoard gold and accumulate capital while deflation makes reaction by lesser powers militarily impossible. Fiat stabilizes diplomatic relations"
X Link 2026-02-16T16:36Z [---] followers, [--] engagements

"@gmacd18 @cafreiman Hi Garrett. I think you're right and that all behaviours boil down to an individual's own cost-benefit analysis. ✌"
X Link 2026-02-15T14:52Z [---] followers, [--] engagements

"@Captain4thTurn @JohnRad15 I'm familiar wth Bancor. I think it doesn't solve for diplomatic disagreement and trade war if not mitigating military conflict. I think fiat is the best money we have in a world of politics and constant conflict"
X Link 2026-02-16T17:26Z [---] followers, [--] engagements

"@rcarrick @jessysbains @leilanifarha @Martine_August @rCanadaHousing @TorMrktBubble @HousingOpen ". Canada's first real estate exchange making it possible to buy and sell fractions of property just like stocks." #cdnpoli #onpoli #ToRE #HousingCrisis https://www.willow.ca/en/home https://www.willow.ca/en/home"
X Link 2021-06-10T16:04Z [---] followers, [--] engagements

"👋Hi @StephenPunwasi & @BetterDwelling. When officials talk about Canadians' ability to afford rate hikes because of the mortgage stress test do they consider that a shift in spending from consumption and savings to mortgage may be recessionary Or am I just missing something🤔"
X Link 2021-12-07T19:55Z [---] followers, [--] engagements

"Who followed Drew's or another broker's 🔮 a year ago and didn't lock into the certainty of the lowest 5-year fixed #mortgage in Canadian history Drew's since blocked me for dunking on him at every hike. (I lowballed at [--] bps per hike.) #cdnpoli #cdnecon #onpoli #ToRE #fintwit"
X Link 2022-07-13T14:40Z [---] followers, [--] engagements

"Hi @lawsocietyofbc. Here we have the account @bcinflation which I think is operated by a BC lawyer Honveer Randhawa that gives thanks to and amplifies this allegation of tax evasion and social services fraud. Will you investigate And @SurreyRCMP or @BCRCMP or @rcmpgrcpolice"
X Link 2022-12-23T01:10Z [---] followers, [---] engagements

"Hi Tony (@TonyChapman). I heard you on @jerryagar1010's show today. What holds back from efficient public healthcare is our culture I think marketing is a powerful force that helps shape culture; using it to move toward civilization is a choice. ✌ https://www.researchgate.net/publication/362756444_Public_and_Private_Healthcare_System_in_Terms_of_both_Quality_and_Cost_A_Review https://www.researchgate.net/publication/362756444_Public_and_Private_Healthcare_System_in_Terms_of_both_Quality_and_Cost_A_Review"
X Link 2023-01-13T15:58Z [---] followers, [---] engagements

"@JunkBrandon1 @VasCityEstates Hi Junk Brandon(Math/Physic). I wrote "I'm not saying that's what it is". But never mind that. Say one borrows $200K for a $1MM home that grows by 5%/y to $1.276MM over five years; payback is $200K plus $138K of growth. The lender's annualized return is 11.1% not 0% I think. ✌"
X Link 2023-04-19T23:30Z [---] followers, [--] engagements

"@joshvisser Hi Josh. ✌ https://inthesetimes.com/article/amys-kitchen-freezes-union-organizing https://inthesetimes.com/article/amys-kitchen-freezes-union-organizing"
X Link 2023-06-26T18:01Z [---] followers, [--] engagements

"@ThomasBeyer @d_demelis We need much immigration to sustain output growth (your profits). Who do you want to pay tax to transfer subsidies (to landlords) I see some holes in your cheese and I'm only two chapters into @ricardo_tranjan's new book. Would you read it along with me"
X Link 2023-07-08T23:53Z [---] followers, [--] engagements

"@BenRabidoux What if the rate of immigration is not the policy failure but rather it's the degree or lack thereof to which growth gets distributed across our economy What if this level of immigration is required for a sustainable growth trajectory which must be fuelled by a bit more sharing"
X Link 2023-07-10T04:33Z [---] followers, [---] engagements

"@SabrinaMaddeaux @TTChelps @BradMBradford @beynate @311Toronto . These have really helped me take the edge off while they dampen but not eliminate noise. https://www.amazon.ca/soundcore-Cancelling-Headphones-Comfortable-Bluetooth/dp/B0B5VHRX7F/ref=asc_df_B0B5VHRX7F/tag=googleshopc0c-20&linkCode=df0&hvadid=578928832781&hvpos=&hvnetw=g&hvrand=7711823759055724760&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9000837&hvtargid=pla-1731953622208&psc=1"
X Link 2023-07-10T18:02Z [---] followers, [---] engagements

""'Canadian studies try to understand housing through the elites.' If tenants are at all mentioned their activism is relegated to a secondary role in the policy-making process" #cdnpoli #cdnecon #onpoli #HousingCrisis #HousingAsIntended #tenantclass"
X Link 2023-07-11T11:48Z [---] followers, [---] engagements

"@BetterDwelling Surely at some point an over-supply of labour outpacing pull from consumption would lead to wage contraction all else equal"
X Link 2023-07-12T15:29Z [---] followers, [---] engagements

"@MrCoolG06481057 @BetterDwelling Hi Fallen. Yeah; it's unreasonable to organize an economy/grow society like this. If in our system we need an ever-increasing number of consumers they must be afforded enough money to consume. Distributing income (not credit) more evenly helps absorb inflation. This is cyclical"
X Link 2023-07-12T16:26Z [---] followers, [--] engagements

"@teletonic @d_demelis If interest rates stay elevated and new builds get accelerated the continued downward pressure on home prices puts upward pressure on wages as measured relative to home prices. It seems to me not an option to not build fast sooner than later and house increasing numbers in need"
X Link 2023-07-22T23:09Z [---] followers, [--] engagements

"Imagine being part of some segment of the tenant class who wants what they can't havelike human rights and basic needsbecause some folk were given super low interest rates and allowed to use them not for whatever but to create poverty in order to engineer affluent lifestyles"
X Link 2023-07-27T18:45Z [---] followers, [--] engagements

"@rentalsguymn @SeanODowd15 Hi CoastFIREguy. You're right I think in economics this is called excess demand or an over-heated market; the greater the deficiency in supply the higher interest rates must rise or home prices and rents bubble up to where they eventually must crash down. I could be wrong. ✌"
X Link 2023-07-29T05:19Z [---] followers, [--] engagements

"@Frank_McG @jasonpereira @volatilitysmile @SBarlow_ROB @dbcurren @elSchtaunko Hi Frank. I could be wrong and I think if keeps constraining housing supply and excess demand keeps growing the rate of interest must continue to rise lest the asset bubble become bigger; if at a reasonable pace over time home prices will continue to gradually deflate. ✌"
X Link 2023-07-29T16:16Z [---] followers, [--] engagements

"@Frank_McG @jasonpereira @volatilitysmile @SBarlow_ROB @dbcurren @elSchtaunko Like the youth who work at Metro and are on strike for higher wages which if won further stimulates demand helped further by a higher interest rate on savings"
X Link 2023-07-29T16:37Z [---] followers, [--] engagements

"@volatilitysmile @Frank_McG @jasonpereira @SBarlow_ROB @dbcurren @elSchtaunko I'm not so sure that servicing (if at renewal) an 8x income mortgage is an asset while food price inflation is whatever % and home prices are deflating"
X Link 2023-07-29T18:12Z [---] followers, [--] engagements

"used to have a Minister of Middle Class Prosperity. This post should have been called Minister of Profit-sharing I think. ✌ #cdnpoli #cdnecon #onpoli #HousingCrisis"
X Link 2023-08-02T11:11Z [---] followers, [--] engagements

"@MikePMoffatt But when I was this mayor's age interest rates were 18%"
X Link 2023-08-13T00:25Z [---] followers, [--] engagements

"@SeanODowd15 "Most of the revolts expressed the desire of those below to share in the wealth status and well-being of those more fortunate." "main reasons.: an increasing gap between the wealthy and poor declining incomes of the poor rising inflation taxation""
X Link 2023-08-14T16:24Z [---] followers, [--] engagements

"@JimChuong I've seen this back in history too when a wealthy class of folk hadn't shared enough profit over time with an underprivileged class of folk. Ultimately no amount of fencing nor policing fixed the problem. Eventually wages rose and a middle class of people with extra money grew"
X Link 2023-08-21T18:02Z [--] followers, [----] engagements

"@girdley It's always reasonable to wonder what all angles of our enjoyment look like I think maybe some things have changed since [----]. ✌ "The vast majority of the worlds fireworks come from China. And sometimes they explode early with deadly consequences.""
X Link 2023-08-22T15:23Z [---] followers, [----] engagements

"@FinEconGlobal I've seen this back in history too when a wealthy class of folk hadn't shared enough profit over time with an underprivileged class of folk. Ultimately no amount of fencing nor policing fixed the problem. Eventually wages rose and a middle class of people with extra money grew"
X Link 2023-08-25T12:41Z [---] followers, [---] engagements

"@Dylantomp @theficouple The easier it is for one to be a landlord the harder it is for another to afford to own their home"
X Link 2023-08-28T00:32Z [---] followers, [--] engagements

"#Oakville leaders: Do middle class youngs want to be stuffed into Midtown✌ @MayorRobBurton @sean_omeara @JonathanMcneice @chisholm_ray @cduddeck @HaslettTheall @CouncillorLongo @AllanElgar @MarcReyerGrant @CouncillorKnoll @DrNataliaL @CouncillorAdams @navnandaward7 @scottxieaj"
X Link 2023-08-29T18:54Z [---] followers, [---] engagements

"@TheELongWave @MacWhackle I do agree that when humans have been involved in policing an economy things have tended to not end well many or more times in history"
X Link 2023-08-30T21:33Z [---] followers, [--] engagements

"@MayorRobBurton Hi Rob. If the working class in #Oakville's future is barred from having access to live "within existing communities" in favour of finding themselves only in towers and things near transit or whatever the gains they've fought for will have been clawed back over time I think. ✌"
X Link 2023-09-04T15:39Z [---] followers, [---] engagements

"@shawngorham Did the value of your human capital increase exponentially along with rocket-bottom interest rates which may not return for [---] years if ever ✌"
X Link 2023-09-07T17:35Z [---] followers, [--] engagements

"@walkyoutowealth Hi Kevin. Without prejudice does this example serve to highlight how good-quality financial advice is often inaccessible to the working class and/or otherwise middle class folk with ridged schedules ✌"
X Link 2023-09-07T20:31Z [---] followers, [---] engagements

"@shawngorham "very successful people" Instead of using super-low interest rates to borrow/spend on a sustainably productive future they borrowed/bought into building generational class divide 📖 The Price of Time: The Real Story of Interest 🖊 Edward Chancellor 🔗 https://www.goodreads.com/book/show/59883941-the-price-of-time https://www.goodreads.com/book/show/59883941-the-price-of-time"
X Link 2023-09-08T19:39Z [---] followers, [---] engagements

"@SteveSaretsky Here's the thing I think relaxing rent control in a private market economy works well in just two cases (if in combination) where there's more: [--]. public housing availability (non-market rent options) [--]. profit-sharing (so people can pay market rents)"
X Link 2023-09-11T18:40Z [--] followers, [----] engagements

"@SteveSaretsky Read this yet Just [---] pages and I think available at your local public library @VPL: "why haven't we found any definitive win-win solution in the more than one hundred years we have talked about a 'housing crisis' in Canada""
X Link 2023-09-12T13:25Z [---] followers, [--] engagements

"@SteveSaretsky @VPL "Did you know that Rent Control started the first time in Ontario in the [----] National Housing Act It was a result of severe rent gouging by landlords . . . and of course of the increased demands for housing post-WWII." 📰 Rent Controls in Ontario 🔗 http://www.ontariotenants.ca/rent-controls.phtml#::text=Did%20you%20know%20that%20Rentdemands%20for%20housing%20post%2DWWII http://www.ontariotenants.ca/rent-controls.phtml#::text=Did%20you%20know%20that%20Rentdemands%20for%20housing%20post%2DWWII"
X Link 2023-09-12T16:30Z [---] followers, [---] engagements

"@JohnPasalis What if a high rate of interest on CAD is attractive to international capital What if a high rate of interest on CAD results in home prices/rents deflating over time to where folks who do labour can afford to take homebuilding jobs at prevailing wages and also pay their bills"
X Link 2023-09-13T20:25Z [---] followers, [---] engagements

"@daniel_foch @leilanifarha The way in which we socialize the financial costs and not the financial profits in much or most of the housing market is ironically anti-social ✌"
X Link 2023-09-16T06:55Z [---] followers, [--] engagements

"@philbak1 Says who"
X Link 2023-09-16T13:41Z [---] followers, [--] engagements

"@philbak1 I think a reasonable question is: why has not growth gotten shared more evenly over time across a society of people whom call themselves 'the economy'"
X Link 2023-09-16T13:44Z [---] followers, [--] engagements

"@charliereif @philbak1 . Fiat money ensures there can be enough money supplied to meet demand (that's not to say the market for money is in equilibrium). Fixing money to some thing like gold or silver or whatever implies constraining its supply and placing no limit on poverty"
X Link 2023-09-16T17:03Z [---] followers, [--] engagements

"@quinnyquinnqui @philbak1 Hi Quinn's Next Step. Yes; government spending is indeed an exchange of money from the public sector to the private sector (if not to another government or public entity). I feel like your question is rhetorical or otherwise well-suited for Google. ✌"
X Link 2023-09-16T17:36Z [---] followers, [--] engagements

"@charliereif Yes"
X Link 2023-09-17T23:19Z [---] followers, [--] engagements

"@charliereif Build much more public housing build much more private housing build the types of homes people need where they need them regulate rent increases regulate speculating in the housing market pay higher wages share more profits have a historically average normal interest rate"
X Link 2023-09-18T00:37Z [---] followers, [--] engagements

"@HighnDrai @BetterDwelling Hi kerman. Higher interest rates result in lower asset prices in the long run. If the cost to buy and carry a property is lower than higher one who pays to carry said property (whether an end user or tenant) could demand less income. Other way around = higher income = inflation"
X Link 2023-09-19T16:02Z [---] followers, [--] engagements

"@DeltaIsNeutral @TheTaxHeroes Hi TheGreatFlushening 🚽. It's sophisticated to care to be reasonable don't you think ✌ "Economists of all stripes agree that 'too much' borrowing and money creation can lead to rising interest rates and higher inflation." 🔗"
X Link 2023-09-20T17:36Z [---] followers, [--] engagements

"@seandsweeney What's so great about said budget surplus 🤔 @seandsweeney Hi Sean. A government's budget surplus often comes with cost or few I think. ✌ 🔗 https://t.co/TlHyyu2uQL https://t.co/2bWyeMKpfN @seandsweeney Hi Sean. A government's budget surplus often comes with cost or few I think. ✌ 🔗 https://t.co/TlHyyu2uQL https://t.co/2bWyeMKpfN"
X Link 2023-09-25T15:02Z [---] followers, [--] engagements

"@Thefrugalgay11 Hi Tom. Since you and I both claim to understand how money works may I please ask: could what you've done work as fast over such relatively little time at today's interest rate (if held going forward) and QT as it did during over a decade of QE capped with a COVID money boom ✌"
X Link 2023-09-26T20:16Z [---] followers, [--] engagements

"@SteveSaretsky . My best guess says that neither @jasonpereira nor @MarkMcGrathCFP nor their grandmothers (if living) would presume that someone who borrowed at 2.9% in [----] did so with prudence when based on no further financial analysis. I could be wrong (always)"
X Link 2023-09-27T20:04Z [---] followers, [---] engagements

"@Darinb75 @ShaziGoalie @dennis_dacunha I think there's clearly a tonne of room for reform in Canada's housing market and mortgage industry and I don't think that affording extra entitlements to wealthy people (regardless of whether they're elders with investments and pensions) will result in fixing systemic problems"
X Link 2023-10-01T00:07Z [---] followers, [--] engagements

"@theficouple That's the kind of debt-to-equity ratio that might make one lose some sleepif the risk could not be offloaded to some tenants who do labor for rent in a supply-constrained housing market I think. ✌"
X Link 2023-10-01T01:17Z [---] followers, [---] engagements

"@ManyBeenRinsed @bostonpizza You said that to them and they stayed there with you"
X Link 2023-10-03T00:00Z [---] followers, [---] engagements

"@FinEconGlobal The risk/reward ratio probably matters as much in labour markets as it does in capital markets"
X Link 2023-10-05T15:20Z [---] followers, [---] engagements

"@FVortsman @MikePMoffatt I think that it's a combination of more public housing and more profit-sharing (wage growth); it's not enough for housing advocates to exclude the latter from their analysis and conversationsthis is a broader matter of long-term economic sustainability.✌"
X Link 2023-10-07T17:10Z [---] followers, [--] engagements

"@JoshuaB39969921 @daniel_foch Hi Josh. Yes; the suggestion here is that reducing any borrowers' outstanding mortgage balance may be unnecessary because they can already access effecient debt relief solutions via existing bankruptcy law/proceedings. ✌"
X Link 2023-10-08T14:56Z [---] followers, [--] engagements

"@Tablesalt13 When the rate of interest is zero one can't really price the future value of their moneyif the cost of time is nothing until then. When the cost of time goes up whatever future value was given to yesterdays money tomorrow turns out to have been nonsense all along I think. ✌"
X Link 2023-10-11T00:18Z [---] followers, [----] engagements

"@Thefrugalgay11 Hi Tom. Congratulations. But could you have done so as fast as you did if yesterday look like today's higher-for-longer interest rate environment and under quantitative tightening/credit tightening conditions instead of when money was much cheaper and easier to access for all ✌"
X Link 2023-10-11T17:21Z [---] followers, [--] engagements

"@SteveOnSpeed Hi Steve. In absence of said 'mindless' consumption what happens to company profits and the prices of stocks in your investment portfolioand your family's privilege to pick and choose what part of their time it wants to spend on doing labor ✌"
X Link 2023-10-13T14:45Z [---] followers, [--] engagements

"@MarkMcGrathCFP Teach a person to invest in only Canadian dividend stocks within a certain market cap they will find some way to rationalize what's unreasonable"
X Link 2023-10-13T19:45Z [---] followers, [---] engagements

"@ThomasBeyer @MarkMcGrathCFP Hi Thomas. If one qualifies and has been prudently underwritten to borrow at 8-10% today they've assumed less risk vs. borrowing at 2-4% considering exposure to future interest rate changes and the inverse relationship between interest rates and asset prices don't you think✌"
X Link 2023-10-17T16:06Z [---] followers, [--] engagements

"@KodyBroussard @sweatystartup Hi Kody. I think a good amount of growth in asset prices plus higher incomes for the past couple decades came from extending cheap credit sub'd for income to the underprivileged class so they could make rent every month while continuing to consume whatever. What do you think ✌"
X Link 2023-10-22T12:28Z [---] followers, [---] engagements

"@KodyBroussard @sweatystartup I like when Nick writes about wage labor since it makes for important conversation I think as it relates to economic sustainability in the long run asset prices and profits must reflect labor market fundamentals rather than some credit bubble that can burst or at least crunch"
X Link 2023-10-22T13:12Z [---] followers, [--] engagements

"@EmigrationC @d_demelis Are you arguing against UBI or against CBDC They're two different arguments I think there could be some privacy/liberty considerations with CBDC and I think it could also help guard against tax evasion which costs you and me and all"
X Link 2023-10-24T22:16Z [---] followers, [--] engagements

"@RobertKoetsier @d_demelis 📰 Problems with the gold standard"
X Link 2023-10-24T22:33Z [---] followers, [--] engagements

"@RobertKoetsier @BarnesandWallis @d_demelis I think it's reductive/fallacious to conclude that this divergence is a direct result of coming off the gold standard. For your consideration a thorough analysis: 📰 Understanding the Historic Divergence Between Productivity and a Typical Workers Pay"
X Link 2023-10-25T21:03Z [---] followers, [--] engagements

"@MikePMoffatt Acquisition is the fix for this in history. "Through most of history when overt political conflict between classes did appear it took the form of pleas for debt cancellation . . . and usually a more just reallocation of the land." 📖Debt: The First [----] Years 🖊David Graeber"
X Link 2023-10-26T15:14Z [---] followers, [---] engagements

"@DecadeInvestor Hi Decade Investor💸. It's reasonable to read this one right after #1 I think. ✌ "What if there is no housing crisis but instead a housing market working exactly as intended . . . funneling wealth away from working-class families" 📕 The Tenant Class"
X Link 2023-10-27T19:15Z [---] followers, [---] engagements

"@d_demelis This could help a few folks get into the housing bubble (read: market) and it won't fix fundamentals and the systemic problem I think. ✌"
X Link 2023-11-02T14:55Z [---] followers, [--] engagements

"@waddup2020 @jasonpereira @JimChuong Hi Waddup. What's your price How much would it take for you to become a public school teacher in Ontario ✌"
X Link 2023-11-02T21:53Z [---] followers, [--] engagements

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