Canada Inflation

[djliftsthings]

for October 6.2%,....hasnt been under 5% in 6 months. Fuck this fucking  country, what a shithole

[Humble Narcissist]

for October 6.2%,....hasnt been under 5% in 6 months. Fuck this fucking  country, what a shithole

Come to the US, it's higher. Bad things going on in the world.

[djliftsthings]

Come to the US, it's higher. Bad things going on in the world.

Brutal if true

[Humble Narcissist]

Brutal if true

They are claiming it's 6.2% here as well but it's way more.

[ilalin]

for October 6.2%,....hasnt been under 5% in 6 months. Fuck this fucking  country, what a shithole

fuck you traitor

[Matt]

for October 6.2%,....hasnt been under 5% in 6 months. Fuck this fucking  country, what a shithole

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

[SOMEPARTS]

They are claiming it's 6.2% here as well but it's way more.

Shadowstats says more like 12%.

[djliftsthings]

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

lets go Ill go with, we can stuff you in the trunk. Im vaxxed. Id leave Canada yesterday

[Hypertrophy]

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

Your kids will probably move one day any ways...


I saw how kids would leave upstate NY after they graduated college because of the shitty economy and dumbass government. I didn't want to see my kids do that so I beat them to it and moved South. They love me for it, haha. Great weather, low taxes, and lots of right wingers.

[Humble Narcissist]

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

French math? Do the French count differently?

[LurkerNoMore]

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

I thought it was four.  Or is it three kids and four mamas?

[titusisback]

French math? Do the French count differently?

French numbers are totally fucked up, for example

70 = sixty-ten
80 = four-twenties
90 = four-twenty-ten

[Mayday]

Shadowstats says more like 12%.

The 70s-80s we were tapping 15% so the shadowstats reading which uses the method of those same periods tells us there isn't much more higher CPI can go before it taps out and we get a deflationary event to pull it down.

Looking at the Oz money supply data this is what we see since the end of 2019:
*Currency +22%
*M1 +45%
*M2 +41%
*M3 +21% --> this is the key as it takes into account everything whereas M1/M2 that the US reports doesn't include long term stuff, only shorter term which hides the outflows from the economy.
*Gold +25% --> notice that it's inline with the M3 and not the shorter term M1/M2 holdings.
*Velocity of money is down to 0.8
*CPI 3%

[SOMEPARTS]

The 70s-80s we were tapping 15% so the shadowstats reading which uses the method of those same periods tells us there isn't much more higher CPI can go before it taps out and we get a deflationary event to pull it down.

Looking at the Oz money supply data this is what we see since the end of 2019:
*Currency +22%
*M1 +45%
*M2 +41%
*M3 +21% --> this is the key as it takes into account everything whereas M1/M2 that the US reports doesn't include long term stuff, only shorter term which hides the outflows from the economy.
*Gold +25% --> notice that it's inline with the M3 and not the shorter term M1/M2 holdings.
*Velocity of money is down to 0.8
*CPI 3%

I think if you take the 50-60% increase in wealth that billionaires gained in the last 2 years there is probably a number there to extrapolate out what their expectations are for the future, whether that be permanent inflation or the amount they need to buy up assets on the cheap.

These are the lobbyists to govt, so I try and think like them...I assume by working backward you can also figure out the future policy and likely outcome.

They have punished cash for so long a deflationary period however short would be welcome.

[Marty Champions]

food inflation 10
All else 15

[Humble Narcissist]

food inflation 10
All else 15

30% for heating.

[IroNat]

Getbigers don't concern themselves with money.

[G_Thang]

I'm with you.

I'd be teaching French math in Louisiana in January under the CODOFIL program if I was vaccinated.

I hate to leave here, because I have three kids.

Maybe I'll give them my assets and start fresh.

This sucks.

This is not the Canada that I grew up in.

I might be willing to change places with you if we can neg a suitable transfer fee.

[G_Thang]

 

Sohrab Lutchmedial: 52-year-old Canadian cardiologist tells the non-vaxxed “I won’t cry at your funeral,”  after spending much of 2021 belittling the non-vaxxed.  dead two weeks after third (booster) mRNA injection.  This vaccine has killed more people than any other vaccine in history.

Confirm?

[FitnessFrenzy]

6 % inflation with interest rates at zero 

[Zillotch]

Sohrab Lutchmedial: 52-year-old Canadian tard

Saint John cardiologist and 'inspiring spirit' dies suddenly

'Dr. Sohrab Lutchmedial, director of the interventional cardiology program at the New Brunswick Heart Centre, died on Nov. 8 at the age of 52'

https://www.cbc.ca/news/canada/new-brunswick/sohrab-lutchmedial-cardiac-surgeon-obituary-1.6242359

[Humble Narcissist]

Getbigers don't concern themselves with money.

That's right, just make more and more like Grant Cardone.

[Mayday]

I think if you take the 50-60% increase in wealth that billionaires gained in the last 2 years there is probably a number there to extrapolate out what their expectations are for the future, whether that be permanent inflation or the amount they need to buy up assets on the cheap.

These are the lobbyists to govt, so I try and think like them...I assume by working backward you can also figure out the future policy and likely outcome.

They have punished cash for so long a deflationary period however short would be welcome.

Inflation of a dollar value is permanent whereas inflation as a percentage is transitory.

QE can be thought of as a payoff to the wealthy not to collapse the entire system.

You don’t hear anything about QE needing quarterly approval yet all stimmy money is held to political ransom and requires furious debate and approval process…….

Therefore QE does not necessarily require a deflationary event to be approved. However, stimmy does require a deflationary event such as poor Christmas consumer spending, job layoffs, low mortgage approvals etc. those things provide a trigger for a market sell off due to poor financials which then opens the approval door for stimmy money.

CPI can go higher because we are in high consumer seasonality, freight is high, raw goods are high, inventory shortages = higher ave price. But it won’t stay there. We might go to 7%-8% then rip back to 2% for a bit then back to 8%.

The cure for higher prices is higher prices so it bursts. What is changing though is our bottom reset prices are much higher than 2019. Lumber was 1,600 now back at a bottom of 550 instead of 150. Coal was 230 now down to 140 instead of 50.

Hence, productivity goes down, consumption down, shortages get worse, prices ramp up hard. The govts have prevented crazy unemployment by UBI to workplaces. So they solved that part which history suffered but we will buy out all remaining inventory now. Prices will explode much higher and faster than history because of UBI meaning shortages will hit like a light switch Effect.

[honest]

Welcome to Bidens new world, our hopes of this going post covid are gone, this is no longer global supply chains being compromised, its now global supply chains having to factor in climate change. Whats amazing is that people in the US who voted for him couldn't see this actually happening.

[Primemuscle]

They are claiming it's 6.2% here as well but it's way more.

What I know is that when I go to the store to buy groceries one bag with not much in it runs almost $50. Went out to breakfast today and all the prices on the entrées had gone up $3.00. A breakfast that two years about was $12 was now $18. Coffee was up $.50 to $3.00 a cup. Still less than Starbucks. This is not some fancy restaurant, but it also isn't McDonald's.

I get about 3% CPI each year on my retirement income. When inflation is 6% I lose money. I'm still okay financially and I'm old. Who knows how long I'll be around. But it seems as if I live long enough, I'll eventually be poor.