I've heard about lots of American products just sitting around at ports, because the reciprocal tariffs made them unprofitable to export. Presumably, stuff like that's happening everywhere.
That may be the case but I see it as a worrying sign for Canada's economy. Cuz... At the core of fiat economies, if you're not having inflation, you aren't growing.
Are these the same kind of statistics as those coming out of the US BLS under the OBiden administration? I note that they have been mutating over time to something less recognizable but more realistic. Maybe Carney is doing his magical motherWEFer thing.
Haha under 2%!!
I think their target is actually 1-3%, which is normally just an excuse to be slightly over 3%.
I guess your markets are flooded with goods that got hit by American tariffs.
Missed this comment. That's an interesting point. I wonder if producers are shipping less to the US and trying to sell more domestically.
I've heard about lots of American products just sitting around at ports, because the reciprocal tariffs made them unprofitable to export. Presumably, stuff like that's happening everywhere.
Makes a lot of sense.
Try the statistics are the same kind as OBiden’s. It looks like this is a world-wide effort of the same statisticians.
What do you think about it?
Is this a natural decrease or is it artificially generated (for some future purpose)?
Well I don’t believe the numbers but I think it is directionally correct that inflation is declining because the economy is slowing down.
This is true.
I also think that this is also a tool to explain certain central bank decisions (for example, massive money printing)
Canada isn't helping defiatization!!
If this keeps going, the day will come when it'll be 0% and will even go down in minus.
The government is going to spend lots of money to make up for any deflation.
That may be the case but I see it as a worrying sign for Canada's economy.
Cuz...
At the core of fiat economies, if you're not having inflation, you aren't growing.
Are these the same kind of statistics as those coming out of the US BLS under the OBiden administration? I note that they have been mutating over time to something less recognizable but more realistic. Maybe Carney is doing his magical motherWEFer thing.
Nice one