David Clinton- Is Government Inflation Reporting Accurate?
By contrast, the official CPI over those years rose only 31.03 percent. That’s quite the difference. Here’s how the year-over-year changes in CPI inflation vs actual spending inflation compare:
No, it is not. Just look at what you spend for commodities year over year and you will be able to ascertain the truth for yourself. Stats Can has become a mouthpiece for the Left/Liberal/NDP coalition. It is not to be trusted particularly since it has manipulated the basket of goods used for determining the state of the economy. It is called cherry picking for a reason.
Inflation. Employment. GDP. There isn’t a lie they can’t tell to make their masters look good.
And remember, Harper lost an election because of statscan. Canadians LOOOVE being lied to with sweet nothings.
So, in inflation reporting, the figures get blown up? Who would have suspected…
Inflation is an increase in the money supply. Price increases are only a symptom of inflation, not a measure of it. The CPI is just a tool of the statists to hide their crime.
100% accurate. And that’s how you know they’re ALL IN ON IT.
Even the idiocy that experts are required to “fix” what they purposely created is telling. As though “inflation taming” requires geniuses, and the proper calibration of economic levers and the like.
All the POSs behind this fraud should be lined up against the wall.
If inflation is an increase in the money supply (I agree) then inflation has averaged 8.5% since the 1970s because that is how much the M2 and M3 money supply have grown.
My wife bought me some coffee beans yesterday. A single bag was $20. She mentioned it used to be $11 a pound. I looked at the packaging. How much is 10.5 ounces I asked, in pounds. Holy crap. Inflation.
Was $11 for 16 ounces (454grams) now $20 for 10.5 ounces (297 grams).
62 cents per ounce then. 190 cents per ounce now.
Over 300% increase.
Don’t worry. This is just a vibecession anyway. Once Carney becomes PM prices will magically fall and everyone will be gainfully employed sequestering carbon.
Burying MAID victims can be considered to be sequestering carbon.
Would the government purposely skew the numbers? Say it ain’t so! The best way to remove a thumb from a scale is with an axe. But Canadians are too busy waving made in China Canada flags and pinning on awareness ribbons to give a damn. As long as their government paycheck keeps coming in, they’re more than happy to indulge in another 4 years of ineptitude.
Statscan is just another slimy tentacle of the Liberal Party of Assholes, Scumrats & Liars.
The government’s own inflation “tracker”, use it to compare your house price @estimated” vs current assessed value.
Our place went from $100k in 2000 to $169k by the inflation estmator.
Tax assessed value $460k
That’s the basis for a Carnage equity tax.
the price of gold is the speed of light. the maximum and unchanging . to figure out inflation , take the price of gold in around 1970 when the USA came off the gold standard. and do your gusintas from there.
Canada’s parliament has been impotent for 6 months. After this election, if they ever open the real books of Canada, the debt will be awesome. We are at 1.25 Trillion today. Mathematically impossible to repay. Next steps are to spend more, print more, tax more and then blame Orange Man and/or the previous administration. We are looking at a decade of inflation. Study Bitcoin.