Sylvain Charlebois writes, "Almost a year ago, Canada’s Food Price Report projected that food inflation in 2025 would range between three and five per cent. We now stand squarely at four."
One must be careful interpreting inflation. Central banks intentionally manipulate the measurement criteria to fit their models, otherwise their models would not work.
Inflation is a lot higher than stated.
Alan Greenspan often referred to “hedonistic adjustments” and “exuberant behaviours” to explain away price inflation. Politicians could never understand it, and still don’t. Fools.
I don't no what these jerks are basing the food increase on. My grocery bill has increased over last year by about or near 20%. Maybe it's the food I eat, that no one else eats. The same meat I bought last year was $10 dollars. Now it's $12, and the weight size dropped 25%. Using this for an example. A cheap loaf of bread was $1.98, now the same loaf is $2.49. Apples, $1.97/per lb. now $2.97. Potatoes $7.49 per 10lb. now $8.99. Again, where do these A holes come up with these figures. 2.2% and the like. And idiots keep voting for this.
One must be careful interpreting inflation. Central banks intentionally manipulate the measurement criteria to fit their models, otherwise their models would not work.
Inflation is a lot higher than stated.
Alan Greenspan often referred to “hedonistic adjustments” and “exuberant behaviours” to explain away price inflation. Politicians could never understand it, and still don’t. Fools.
Painful return to food inflation? When in the last 10 years under the socialists have Canadians not had food inflation?
I don't no what these jerks are basing the food increase on. My grocery bill has increased over last year by about or near 20%. Maybe it's the food I eat, that no one else eats. The same meat I bought last year was $10 dollars. Now it's $12, and the weight size dropped 25%. Using this for an example. A cheap loaf of bread was $1.98, now the same loaf is $2.49. Apples, $1.97/per lb. now $2.97. Potatoes $7.49 per 10lb. now $8.99. Again, where do these A holes come up with these figures. 2.2% and the like. And idiots keep voting for this.
Unfortunately more pain to come.
A Lot More.
For that..
Thank a Liberal.