- cross-posted to:
- canada@lemmy.ca
- canadapolitics@lemmy.world
- cross-posted to:
- canada@lemmy.ca
- canadapolitics@lemmy.world
The central bank is raising rates to fight inflation. No one else seems willing to help
The central bank is raising rates to fight inflation. No one else seems willing to help
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