There are always two sides to every coin and it clearly was a day of rising tensions, especially when it comes to the topic of sex education for school-aged children. My eldest daughter made a valid point, she was clear and decisive about not getting involved with these types of rallies, for one specific reason, they are designed to create animosity, hatred and ultimately division.

They dangle the carrot and the stick to entice clashes. Further to divide the people, slowly normalizing heightened surveillance and police presence with drones becoming more common. A subliminal message under the guise of security ultimately to control people’s presence and participation. 

After a beautiful weekend,  the week continued as the end of summer turned to Fall. How does someone ruin the ambiance, simple, you walk the dog on the sidewalk, meant for pedestrians, then an idiot rides his bike on the same path.  My anxiety was heightened, especially when there were clearly painted, tax-paid, bike lanes on the street. I thought to myself should I close-line him as I reached for a rock? But then again what would it accomplish?

Consequently, we all have bigger fish to fry as the Federal Reserve announced, on Wednesday afternoon, that interest rates would be left unchanged. This was highly anticipated even though inflation remains heightened.  The build-up was a guessing game, keeping the markets on edge. The USD Index catapulted from the 103 level to above the 105.0 level as a result. Nonetheless, the charade will continue as we move forward with more data used to drive opinion ultimately converting to decisions. This pause in my opinion is designed to psychologically prepare those robbing Peter to pay Paul with the hope that the increases will end. Keep in mind, that what has been done has already caused hardships.

Yet to the detriment of all, the policy of increasing rates has failed miserably to contain inflation. I repeat inflation will not come under control until government spending is curtailed and Central Bankers stop printing excessive amounts of money. Case in point, Canadian Inflation rose from 3.3% to 4%, yet the Bank of Canada also didn’t raise rates because we are reaching an equilibrium toward disaster!

The decision to not raise rates simply pushes the anticipation forward to the next rate decision without solving a thing.  Their 2% target is unrealistic as it will curb spending and destroy jobs, a scenario they want without concern for the average person. The Philly Fed Mfg Index came in at <-13.5> vs expected <-0.7> yet Jobless Claims dropped to 201K from (225K) expected (seems positive but remember people are also taking on second jobs to keep up with debt). Indeed we are headed to a point where people will own nothing and be miserable like those living in Toronto having to watch Ford and Chow at the podium as if the Circus will only cast clowns.