Sorry how does everything double and we get told inflation is under 3 percent... the carbon tax alone went up 23% and if you think that didnt get dumped on the consumer your dreaming
@@CorporateShill66 again.. the inflation number based on the cp lie is a joke.. geez we will just toss out all the big expenditures out and work with this small number of things to define inflation is a complete fraud like the entire western monetary system.. even the good thst designed it keysian knew it was gonna fail.
Inflation is NOT DECELERATING! When it is POSITIVE it is ACCELERATING BY DEFINITION. For prices to go down inflation needs to be NEGATIVE. Bottom line: Prices are NEVER going down! They will never let inflation drop below zero, they are dying to print more money and will do so as soon as they can get away with it. The only way the working class get out of this is via SALARY INCREASES. Salaries should be a MINIMUM OF TWICE what they are to even come close to the dollar-adjusted equivalent in the 1970s. 3x is closer based on REAL INFLATION measured by population change & M2 money supply. Inflation is simply a CORRECTION for EXCESS MONEY SUPPLY. You print too much money = everything is worth less. There is no way to fix this unless you remove the money you printed from the economy. Therefore, you MUST increase salaries to maintain income levels. Otherwise, you are simply robbing the poor and paying the wealthy. Which is what is happening. If you work, you can say NO by participating in a GENERAL STRIKE.
Under Trump eggs for a dozen cost$0.79 . Now $2.79 over triple cheap fossil fuels equals reduced inflation because everything is transported and farmed with fossil fuel’s Trump 2024 build the Canada/🇺🇸 pipeline
If inflation continues to re-accelerate, don't you think they will be forced to increase interest rates? It's not like they have the option to just stand back and watch it increase and hope it comes back down. They indicated they will act not just if it does not re-accelerate but if it does not demonstrate, it is actively on the way down to 2%, so the likelihood of an interest rate hike seems very significant. There's nothing to naturally bring inflation down at this point unless the labor market implodes.......currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
Real inflation without housing costs created by higher rates is less than 1%, if you remove carbon Castro Jr and sell out NDP radicals tax it's -0.7%. We're in deflation. If the BoC doesn't cut 0.5% on September 4th, it will be the worst mistake they will make in the last 20 years. Mark this post.
If you parse what to include in an equation for inflation, it can be whatever you want it to be. Inflation needs to be a whole picture. I didn't think that needed to be made clear, but there you go. As for rates, the BoC didn't have the ability to raise rates high enough to tackle inflation without bankrupting themselves. Now, they will find that lowering rates will do the same thing, just a bit differently.
@ChrisMCP2 At this point, whatever the BoC or FED does will only lead closer to a currency crisis and debasement....a reset. Markets will continue up and the dollar sacrificed. Why? Governments have been directed to print and pump markets as they've done for 50 years. Now that the dollar has lost almost 100% of its value, gold will be used to partially back it and restart the fractional reserve cycle. The markets and assets of value that are paid off will keep the majority of their value. Those in overleveraged debt will be crushed. There you have your wealth transfer. Enjoy
@ChrisMCP2 and this explains why the mainstream news media is gaslighting everyone without a brain until the inevitable happens. Then, the headlines will read, "no one could have seen this coming"
Sure we're told that inflation is dropping ,but someone explain why 1 in 4 Canadians are living in poverty.Explain why food is 25% higher.Explain the lack of housing.Explain the jobless situation.Explain the hopeless future.Explain why shrinkflation is so prevelant.....Canada is in a recession,and all of the above is why.
It is obvious that the The Bank of Canada is fueling financial inflation, while trying to fight price inflation. The latter is fueled by the first, the bottom line is that the Bank of Canada, is like a truck driver, who puch the gas pedal, and the break pedal in the same time. The result is stagnation, while burning gas, damaging the wheels, and failing to deliver, or to deliver in time.
And the base prices of All goods and services have doubled in the last 2 years……..productivity is down in Canada, Government is still spending irresponsibly, policies are causing business to move investment out of Canada and 25 percent of the jobs in Canada are now in the public sector…….
![Megan Thee Stallion - Bigger In Texas [Official Video]](http://i.ytimg.com/vi/QxTkZTLWdo4/mqdefault.jpg)
Sorry how does everything double and we get told inflation is under 3 percent... the carbon tax alone went up 23% and if you think that didnt get dumped on the consumer your dreaming
Just because you don't understand something doesn't mean it isn't true
@@bdegrds sure.... what those world renowned economists like Martin Armstrong ..they don't know anything..
"everything" didnt double lol, especially in 1 year
@@bdegrdslike yourself
@@CorporateShill66 again.. the inflation number based on the cp lie is a joke.. geez we will just toss out all the big expenditures out and work with this small number of things to define inflation is a complete fraud like the entire western monetary system.. even the good thst designed it keysian knew it was gonna fail.
Nothing is coming down it just went uo 2.5% .....
Inflation is NOT DECELERATING! When it is POSITIVE it is ACCELERATING BY DEFINITION. For prices to go down inflation needs to be NEGATIVE. Bottom line: Prices are NEVER going down! They will never let inflation drop below zero, they are dying to print more money and will do so as soon as they can get away with it. The only way the working class get out of this is via SALARY INCREASES. Salaries should be a MINIMUM OF TWICE what they are to even come close to the dollar-adjusted equivalent in the 1970s. 3x is closer based on REAL INFLATION measured by population change & M2 money supply. Inflation is simply a CORRECTION for EXCESS MONEY SUPPLY. You print too much money = everything is worth less. There is no way to fix this unless you remove the money you printed from the economy. Therefore, you MUST increase salaries to maintain income levels. Otherwise, you are simply robbing the poor and paying the wealthy. Which is what is happening. If you work, you can say NO by participating in a GENERAL STRIKE.
This is whats known as a lie
CPLie
Inflation is at 2.5 and yet everything is still stupid expensive...what a bunch of B.S.
Correct! Prices are still inflating - not deflating
Actually more like 10.7%
CPI is blatant make-belief for pathetic fools
Under Trump eggs for a dozen cost$0.79 . Now $2.79 over triple cheap fossil fuels equals reduced inflation because everything is transported and farmed with fossil fuel’s Trump 2024 build the Canada/🇺🇸 pipeline
Inflation slows down and Corporations make record profit$ 🤨
Lower interest rate will reduce inflation due to mortgage rate being fuel by interest hike. Funny but that's what is going to happen
Means nothing. We still have to absorb the massive inflation since 2022 plus 2.5% more every month moving forward. How’s that good news?
If inflation continues to re-accelerate, don't you think they will be forced to increase interest rates? It's not like they have the option to just stand back and watch it increase and hope it comes back down. They indicated they will act not just if it does not re-accelerate but if it does not demonstrate, it is actively on the way down to 2%, so the likelihood of an interest rate hike seems very significant. There's nothing to naturally bring inflation down at this point unless the labor market implodes.......currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She's mostly on Telegrams, using the user name
adrianajensen
That's her username
Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate
this is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.
Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!
The cost of everything doubled and tripled, you clowns.
And removing the carbon tax would drop it another 1.5 %
Real inflation without housing costs created by higher rates is less than 1%, if you remove carbon Castro Jr and sell out NDP radicals tax it's -0.7%. We're in deflation. If the BoC doesn't cut 0.5% on September 4th, it will be the worst mistake they will make in the last 20 years. Mark this post.
If you parse what to include in an equation for inflation, it can be whatever you want it to be. Inflation needs to be a whole picture. I didn't think that needed to be made clear, but there you go.
As for rates, the BoC didn't have the ability to raise rates high enough to tackle inflation without bankrupting themselves. Now, they will find that lowering rates will do the same thing, just a bit differently.
If the FED doesn't cut, then that move will create more inflation. Mark this post. Lol.
@ChrisMCP2 At this point, whatever the BoC or FED does will only lead closer to a currency crisis and debasement....a reset.
Markets will continue up and the dollar sacrificed. Why? Governments have been directed to print and pump markets as they've done for 50 years. Now that the dollar has lost almost 100% of its value, gold will be used to partially back it and restart the fractional reserve cycle. The markets and assets of value that are paid off will keep the majority of their value. Those in overleveraged debt will be crushed. There you have your wealth transfer. Enjoy
@ChrisMCP2 and this explains why the mainstream news media is gaslighting everyone without a brain until the inevitable happens. Then, the headlines will read, "no one could have seen this coming"
I'll believe it when I see it.
Sure we're told that inflation is dropping ,but someone explain why 1 in 4 Canadians are living in poverty.Explain why food is 25% higher.Explain the lack of housing.Explain the jobless situation.Explain the hopeless future.Explain why shrinkflation is so prevelant.....Canada is in a recession,and all of the above is why.
Because you don't understand economics
@bdegrds a liberal explaining math..hilarious...you haven't balanced the books yet!
@@huggybear3098Chrétien/Martin liberals are the only Canadian government to pay down the debt since it began accumulating 🤡
Perhaps something to do with a drama teacher and journalist running things....
The RATE of inflation is slowing down. But the inflated prices remain.
This guy's must be liberals
We need higher inflation, more immigration, a devaluation of currency, and higher carbon taxes.
and Biden
Okay
People in the comments assume just because they don't understand how this is true automatically think its not, that's not how things work.
It is obvious that the The Bank of Canada is fueling financial inflation, while trying to fight price inflation. The latter is fueled by the first, the bottom line is that the Bank of Canada, is like a truck driver, who puch the gas pedal, and the break pedal in the same time. The result is stagnation, while burning gas, damaging the wheels, and failing to deliver, or to deliver in time.
Inflation is 20 plus %.
Rotflmao, so banks are giving loans 15% less than what they actually could? That's literally what you are saying
@@bdegrds from 2020 to now inflation is up 20% plus!
@@bdegrds they also change what's in the basket of goods to fit their narrative!
@@canadiansfor2Ano. Inflation is down to its lowest point in 3 years
And the base prices of All goods and services have doubled in the last 2 years……..productivity is down in Canada, Government is still spending irresponsibly, policies are causing business to move investment out of Canada and 25 percent of the jobs in Canada are now in the public sector…….
Comments left on unlike CBC..
CBC is Liberal government's propaganda machine. No disagreements allowed!
Fake News, LOL
Canada is dying, 2.5% is so wrong..real inflatio 25%. Bought any food lately?
😂