this post was submitted on 28 Jul 2026
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It's Shopify's Tobi Lutke.

A reminder that he's behind Build Canada and Build Toronto, and that Build Toronto's Eric Lombardi is running for the Ontario Librral Party leadership as we speak.

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[–] ProudCanadianCitizen@lemmy.ca 1 points 11 hours ago (1 children)

Wrong.Inflation increases the value of their investments. The stock market relies completely on inflation to increase profits. Every inflationary increase directly results in increase profits. That is the purpose of inflation.

[–] explodicle@sh.itjust.works 1 points 10 hours ago* (last edited 10 hours ago)

Right, but I'm talking about the hypothetical in which their wealth is capped at a fixed number of dollars. They'd reach the cap and then raise the ladder up after them.