26 Grocery checkout clerk commented about inflation to me today, was very surprised. posted 3 years ago by neokulak 3 years ago by neokulak +30 / -4 8 comments share 8 comments share save hide report block hide replies
Let's see
Tank of gas in 1999 = $28 Tank Today = $77
Cost of a house average Toronto
1999 = around 300k 2021 = 1.2m
300% increase
Gas cost
175% increase
Anything of real value is going up like crazy.
With the latest money printing escapade watch out.
You don't have to go so far back as 1999. In April 2020, regular unleaded was 67.7 cents here.
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1810000101&pickMembers%5B0%5D=2.2&cubeTimeFrame.startMonth=04&cubeTimeFrame.startYear=2019&cubeTimeFrame.endMonth=08&cubeTimeFrame.endYear=2021&referencePeriods=20190401%2C20210801
Temporary though economy grinded to a halt and oil futures went negative briefly