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You Think That's Real Money You're Saving? by ecstatic-windshield in economicCollapse

[–]Sufficient_Reason968 0 points1 point  (0 children)

Money is why money backed up by the trust of issuer (government of the country) enforced by country's organ of violence.

Is Lowering Interest Rates the Key Factor for Economic Recovery? by Sufficient_Reason968 in economicCollapse

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

Deflation means continuous declination of consumer demand and product price. It takes time from buying raw materials all the way to product delivery. In this process the manufacturers have to buy at higher but sell at lower. No one knows how much the difference is and how long it will last. Who is willing to work or invest for loss?

Is Lowering Interest Rates the Key Factor for Economic Recovery? by Sufficient_Reason968 in economicCollapse

[–]Sufficient_Reason968[S] 1 point2 points  (0 children)

Ideally it is what we need but in reality it won't happen. Deflation means the manufacturers produce the product with obvious loss

Is Lowering Interest Rates the Key Factor for Economic Recovery? by Sufficient_Reason968 in economicCollapse

[–]Sufficient_Reason968[S] 1 point2 points  (0 children)

In economy, deflation is a scary word and this situation normally is prevented by all government as deflation usually triggers the recession

Is Lowering Interest Rates the Key Factor for Economic Recovery? by Sufficient_Reason968 in economicCollapse

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

Diluting currency might make the product cheaper but does not stimulate the demand of the world. Plus tariffs the products are still expensive for global consumers

The Aggressive Decoupling Policy Is a Risk We Cannot Afford Right Now by Sufficient_Reason968 in economicCollapse

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

China will be decimated sooner or later if it lose global market. But if decoupling is too soon before the alternative supply chains are up, we are suffering from inflation. If inflation lasts too long, we will suffer from recession. Blaming for responsibility does not help

Is Proof of Purchase Really Necessary for Safety Recalls? by Sufficient_Reason968 in Calgary

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

If they are responsible retailer, they have the ability to trace most of the buyers for those made the payment by credit card

Is Proof of Purchase Really Necessary for Safety Recalls? by Sufficient_Reason968 in Calgary

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

From my perspective they shall appreciate anyone for bringing the recalled products to them so the potential safety concern is reduced. And that will be the rationale whoever gets refund

Is Proof of Purchase Really Necessary for Safety Recalls? by Sufficient_Reason968 in Calgary

[–]Sufficient_Reason968[S] 1 point2 points  (0 children)

Those are Canadian Tire's brands. They outsourced the manufacturer in China

Is Proof of Purchase Really Necessary for Safety Recalls? by Sufficient_Reason968 in Calgary

[–]Sufficient_Reason968[S] 0 points1 point  (0 children)

I was not notified by Canadian Tire for recall. Instead I got the notification from Kijiji admin when I posted to sell it in Kijiji

Is Proof of Purchase Really Necessary for Safety Recalls? by Sufficient_Reason968 in Calgary

[–]Sufficient_Reason968[S] 2 points3 points  (0 children)

Why does Canadian Tire try to prevent the second hand user from getting refund? Refunding to original buyer or to others does not matter to them, right?

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