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Exactly, that this is how it works. It has lost value, therefore higher prices in fiat, leading to record sales. I wonder what it would be if it were quoted in something that keeps value.
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Indeed.
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You folks in Canada should be seeing something like the same results in your sales. I think Turd oh has inflated the Canadian dollar more than the US.
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I am curious how the Canadian numbers come in. Economy has been weak considering the can dollar is weak.
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You may be surprised at how it does to the high side. I think Canada has been having a run at inflation, too, hasn’t it? So, if they report out in current fiat rather than a constant measure, it will be high.
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Yes inflation is picking up again.
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Hasn’t it been roaring along already. Or is it moving from a stately 5–7% up to 10%? The PM seems to be out to lunch as far as finances go and Freeland is just another motherWEFers trying to bring in the Great Reset.
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No I think last cpi report came in at 2% and pce was 2.6% but both were above expectations.
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Compared to what we have been pounded with, down here, 2% or 2.6% would be a balmy Sunday picnic. Are these numbers from the state or are they from some fairly objective organization? I wouldn’t trust the state, as it doing the same here, too. Official and observed price levels are radically different.