Does Anyone Believe The Official Inflation Numbers?
(spencerfernando.com)
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Inflation is insane right now. Packages are shrinking and prices rising, gas is up 25-30 cents a liter in past few months and so on.
The cereal box one is crazy. Box is basically empty inside and constantly falls over.
Value size is now 370 grams. WTF? Wasn’t it some where around 700 grams before?
The stock market is only doing well because every other place to store money has basically zero return. A high interest savings account at RBC is 0.05%. A basic 1 year non redeemable GIC is 0.15%.
Food is getting out of hand. 6 hamburger buns was 3.49 today. A litre of milk is over 2 now.
Everyone is feeling it but everyone is in denial about it.
And housing is out of control as it is the only area where the government can influence demand on a massive scale. Bringing in more buyers then new housing is built.
I’m kind of looking of buying right now. I have what I thought I would need when I set my goal last year, but this year it’s looking like I need another year of savings.
With the way things are going a large yard where I can grow vegetables is looking to be necessary.
That's why we are likely headed to an Election soon. Gotta get it done before the roof blows right off the house.
There won't be an election before enough vaccines arrived in Canada, because the only thing O'Toole is doing right now is attacking Trudeau on the slow shipments. if that is gone, it's over for him.
We need a betting pool post for all our guesses. ??
I'm luvin this one... ?
We’re way beyond a band aid. The government is wrapping the economy in gauze while blood is pouring out and is saying “nothing to see here”
The birds will come home to roost. It will be an unprecedented economic disaster. All that cash that Canadians are sitting on is fresh cash that the government printed and handed out as stimulus. Like shit, I only have a job right now because of government stimulus.
Rib eyes are about the same price. Pay even more for bone on.