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I dunno about NZ, but Canada printed pretty hard for COVID relief[0,1]. Regarding inflation, anecdotally food etc prices in Toronto seem much higher this year
by wcarss 6y ago
I dunno about NZ, but Canada printed pretty hard for COVID relief[0,1].
Regarding inflation, anecdotally food etc prices in Toronto seem much higher this year than last, and did last year too, but the CPI data doesn't share my opinion.
0 - https://betterdwelling.com/canadas-money-supply-is-growing-at-the-fastest-rate-in-over-30-years/ https://betterdwelling.com/canadas-money-supply-is-growing-a...
1 - https://economics.bmo.com/en/publications/detail/76f0b0ca-c05e-4e32-9d70-93630654f659/ https://economics.bmo.com/en/publications/detail/76f0b0ca-c0...
- intergalplan 6y agoOur groceries seem to be at least 2x what they were in '05. Meanwhile, if anything, our tastes have gotten cheaper and we're better at bargain-shopping. US CPI tells me they should only be 35% higher. LOL. Bullshit.
- anthony_barker 6y agoMaybe Toronto will reach peak crane? https://i1.wp.com/www.denverpost.com/wp-content/uploads/2021/04/RLB-north-american-crane-index.png?fit=620%2C9999px&ssl=1 https://i1.wp.com/www.denverpost.com/wp-content/uploads/2021...