@[email protected] to [email protected]English • 1 year agoIs the Bank of Canada making things worse?www.cbc.camessage-square85fedilinkarrow-up132file-textcross-posted to: [email protected]
arrow-up131external-linkIs the Bank of Canada making things worse?www.cbc.ca@[email protected] to [email protected]English • 1 year agomessage-square85fedilinkfile-textcross-posted to: [email protected]
minus-square@[email protected]linkfedilinkEnglish5•1 year agoThe main purpose of CPI is to see if Canadians can still make ends meet. It’s not supposed to express price increases, but cost of living increases. People change their habits as prices change. That’s well-known.
minus-square@[email protected]linkfedilinkEnglish2•1 year agoSo maybe it should be called the Buying Habits Index then.
minus-square@[email protected]linkfedilinkEnglish2•1 year agoWe could call it the Cost of Not Dying if you prefer
The main purpose of CPI is to see if Canadians can still make ends meet. It’s not supposed to express price increases, but cost of living increases.
People change their habits as prices change. That’s well-known.
So maybe it should be called the Buying Habits Index then.
We could call it the Cost of Not Dying if you prefer