Author Topic: Economics Culture  (Read 9543 times)

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Offline waldo

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Re: Economics Culture
« Reply #225 on: May 30, 2021, 02:49:25 pm »
Inflation rate hits 3.4%

wait, what? That's 3.4% in April 21 (as compared to April 20) - yes? In any case, is CPI like, uhhh... inflation inflation (what the Bank of Canada (BoC) uses CPI to target)... like that? March CPI was 2.2% - surely those poindexter's at the BoC aren't futzed by monthly (12 month) percentage changes... surely the BoC is more interested in a calendar year annual average - surely! Wait now waldo, aside from all those caveats associated with CPI itself, isn't there an overriding consideration related to the Covid-19 pandemic itself... one is which consumers experienced a significant decline in prices from February to April 2020 - surely in the coming months, (base year effecting) price declines observed in March and April 2020 will fall out of the 12-month price movement - surely!

what was your point member kimmy - what was your point?

the kimmo wonders why the waldo is so agitated by this!  Mention of inflation is clearly a no-no in waldo country, hey hey?

standard kimmo deflection move... state the other member is 'agitated'! Thing is member kimmo, as much as you presume to posture, to obfuscate... CPI is not inflation as targeted, measured, defined by the Bank of Canada. C'mon, take a stab at what I actually replied to you with... I've re-quoted it again for you to ignore/run away from!
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