Canada's inflation rate increases to 4%
Canada's inflation rate increases to 4%
www.cbc.ca /news/business/inflation-cpi-canada-august-1.6971136
Grocery prices increased at 6.9% annual pace
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Yes if we just increase interest rates enough eventually people will stop all their foolish discretionary spending on groceries and starve to death, solving the inflation problem forever.
28 0 ReplyThat would also solve housing!
8 0 ReplyI honestly don't think it would
7 1 ReplyCemetery speculation, eh? Better get on the ground floor of this one.
5 0 Reply
To be fair, I think this one can be credited to OPEC.
6 0 ReplyYup. Saudi Arabia has launched Vision 2030 to diversify and open up the economy. But to achieve their goal, they need high oil revenues.
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