Inflation slows down to 2.5% in July

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  • Опубліковано 11 вер 2024

КОМЕНТАРІ • 105

  • @dougiep2769
    @dougiep2769 22 дні тому +22

    Sorry how does everything double and we get told inflation is under 3 percent... the carbon tax alone went up 23% and if you think that didnt get dumped on the consumer your dreaming

    • @bdegrds
      @bdegrds 22 дні тому +2

      Just because you don't understand something doesn't mean it isn't true

    • @dougiep2769
      @dougiep2769 22 дні тому

      @@bdegrds sure.... what those world renowned economists like Martin Armstrong ..they don't know anything..

    • @CorporateShill66
      @CorporateShill66 22 дні тому

      "everything" didnt double lol, especially in 1 year

    • @huggybear3098
      @huggybear3098 22 дні тому

      ​@@bdegrdslike yourself

    • @dougiep2769
      @dougiep2769 22 дні тому

      @@CorporateShill66 again.. the inflation number based on the cp lie is a joke.. geez we will just toss out all the big expenditures out and work with this small number of things to define inflation is a complete fraud like the entire western monetary system.. even the good thst designed it keysian knew it was gonna fail.

  • @Iliinois18
    @Iliinois18 22 дні тому +7

    Nothing is coming down it just went uo 2.5% .....

  • @ArenAurelius
    @ArenAurelius 22 дні тому +6

    Inflation slows down and Corporations make record profit$ 🤨

  • @HaydenRoberts-m8t
    @HaydenRoberts-m8t 22 дні тому +46

    If inflation continues to re-accelerate, don't you think they will be forced to increase interest rates? It's not like they have the option to just stand back and watch it increase and hope it comes back down. They indicated they will act not just if it does not re-accelerate but if it does not demonstrate, it is actively on the way down to 2%, so the likelihood of an interest rate hike seems very significant. There's nothing to naturally bring inflation down at this point unless the labor market implodes.......currently I've been engaged in active trading, which is generally safer, allowing investors to weather market volatility and also managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Adriana Jensen, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.

    • @HaydenRoberts-m8t
      @HaydenRoberts-m8t 22 дні тому

      She's mostly on Telegrams, using the user name

    • @HaydenRoberts-m8t
      @HaydenRoberts-m8t 22 дні тому

      adrianajensen
      That's her username

    • @RenfieldJones
      @RenfieldJones 22 дні тому

      Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate

    • @ChrisBickley528
      @ChrisBickley528 22 дні тому

      this is why it is advisable to connect with a true market strategist in order to avoid missing such opportunity and maintain steady gains.

    • @PeterSayer238
      @PeterSayer238 22 дні тому

      Thanks for keeping it light and real at the same time. Much needed for us traders in times like these!

  • @petrofx
    @petrofx 22 дні тому +18

    This is whats known as a lie

  • @spacelabgames
    @spacelabgames 22 дні тому +3

    Inflation is at 2.5 and yet everything is still stupid expensive...what a bunch of B.S.

    • @19ladybug89
      @19ladybug89 22 дні тому

      Correct! Prices are still inflating - not deflating

  • @huggybear3098
    @huggybear3098 22 дні тому +7

    Actually more like 10.7%

  • @bobmatt1966
    @bobmatt1966 22 дні тому +5

    And removing the carbon tax would drop it another 1.5 %

  • @Blackrainbow-gh
    @Blackrainbow-gh 22 дні тому +40

    For the Newbie if you are actually trading in the crypto space and you don't have a sound mentor. Then you are certainly going to get liquidated in 90% of your trades. Yeah that's sad truth. I remember when i just got into crypto back in 2019 but later in 2020 i ended up selling it because i have lost alot trading all by myself without a guide. Got back into crypto early in 2024 with $20k and I'm up with $232k in a short period of time
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    • @RolandPatrick-t6f
      @RolandPatrick-t6f 22 дні тому

      I'm new to cryptocurrency and i don't understand how it really works. How can someone know the right approach to investing and making good profit from cryptocurrency investments?

    • @AmarachiSteve
      @AmarachiSteve 22 дні тому

      As a beginner what do i need to do? How can i invest, on which platform? If you know any please share.

    • @Blackrainbow-gh
      @Blackrainbow-gh 22 дні тому

      I started working with wilburn back in February, and my financial goals have been clearer. It's like having a strategic partner for my money with a solid track record.

    • @Daniella-fv6er
      @Daniella-fv6er 22 дні тому

      She is really a good investment advisor. I was privileged to attend some of her seminars. That is how i started my crypto investment

    • @captain33q
      @captain33q 22 дні тому

      I've seen different people talking about this Christen wilburn she must be very amazing for people to talk this good about her..

  • @johnhess9443
    @johnhess9443 22 дні тому +6

    The cost of everything doubled and tripled, you clowns.

  • @nothingtoseehere5760
    @nothingtoseehere5760 19 днів тому +1

    Inflation is NOT DECELERATING! When it is POSITIVE it is ACCELERATING BY DEFINITION. For prices to go down inflation needs to be NEGATIVE. Bottom line: Prices are NEVER going down! They will never let inflation drop below zero, they are dying to print more money and will do so as soon as they can get away with it. The only way the working class get out of this is via SALARY INCREASES. Salaries should be a MINIMUM OF TWICE what they are to even come close to the dollar-adjusted equivalent in the 1970s. 3x is closer based on REAL INFLATION measured by population change & M2 money supply. Inflation is simply a CORRECTION for EXCESS MONEY SUPPLY. You print too much money = everything is worth less. There is no way to fix this unless you remove the money you printed from the economy. Therefore, you MUST increase salaries to maintain income levels. Otherwise, you are simply robbing the poor and paying the wealthy. Which is what is happening. If you work, you can say NO by participating in a GENERAL STRIKE.

  • @ChrisMCP2
    @ChrisMCP2 22 дні тому +2

    Real inflation without housing costs created by higher rates is less than 1%, if you remove carbon Castro Jr and sell out NDP radicals tax it's -0.7%. We're in deflation. If the BoC doesn't cut 0.5% on September 4th, it will be the worst mistake they will make in the last 20 years. Mark this post.

    • @petrofx
      @petrofx 22 дні тому

      If you parse what to include in an equation for inflation, it can be whatever you want it to be. Inflation needs to be a whole picture. I didn't think that needed to be made clear, but there you go.
      As for rates, the BoC didn't have the ability to raise rates high enough to tackle inflation without bankrupting themselves. Now, they will find that lowering rates will do the same thing, just a bit differently.

    • @truthteller6743
      @truthteller6743 22 дні тому

      If the FED doesn't cut, then that move will create more inflation. Mark this post. Lol.

    • @petrofx
      @petrofx 22 дні тому

      @ChrisMCP2 At this point, whatever the BoC or FED does will only lead closer to a currency crisis and debasement....a reset.
      Markets will continue up and the dollar sacrificed. Why? Governments have been directed to print and pump markets as they've done for 50 years. Now that the dollar has lost almost 100% of its value, gold will be used to partially back it and restart the fractional reserve cycle. The markets and assets of value that are paid off will keep the majority of their value. Those in overleveraged debt will be crushed. There you have your wealth transfer. Enjoy

    • @petrofx
      @petrofx 22 дні тому

      @ChrisMCP2 and this explains why the mainstream news media is gaslighting everyone without a brain until the inevitable happens. Then, the headlines will read, "no one could have seen this coming"

  • @Lifegoal2030
    @Lifegoal2030 22 дні тому +1

    Means nothing. We still have to absorb the massive inflation since 2022 plus 2.5% more every month moving forward. How’s that good news?

  • @Nolongerdem2024
    @Nolongerdem2024 21 день тому +1

    Under Trump eggs for a dozen cost$0.79 . Now $2.79 over triple cheap fossil fuels equals reduced inflation because everything is transported and farmed with fossil fuel’s Trump 2024 build the Canada/🇺🇸 pipeline

  • @qifridek
    @qifridek 21 день тому +1

    Lower interest rate will reduce inflation due to mortgage rate being fuel by interest hike. Funny but that's what is going to happen

  • @scottyoung9365
    @scottyoung9365 22 дні тому +1

    I'll believe it when I see it.

  • @lonathanrichard9301
    @lonathanrichard9301 22 дні тому +1

    This guy's must be liberals

  • @JessT-vg7ib
    @JessT-vg7ib 22 дні тому +2

    We need higher inflation, more immigration, a devaluation of currency, and higher carbon taxes.

  • @bdegrds
    @bdegrds 22 дні тому +1

    People in the comments assume just because they don't understand how this is true automatically think its not, that's not how things work.

  • @JohnyTerr
    @JohnyTerr 22 дні тому +1

    !!!I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated.

    • @FederickLeo
      @FederickLeo 22 дні тому

      You need an expert. I'm guided by Adviser Bruce Murdock a widely known consuitant.

    • @ChanLui
      @ChanLui 22 дні тому

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Bruce Murdock, for his expertise and exposure to different areas of the market.

    • @FederickLeo
      @FederickLeo 22 дні тому

      My colleagues had a good laugh at me when I told them I started my journey with $50k capital and how I accumulated over 6 figures within a span of 7 months. They never believed me until I pulled out my P&L.
      I know that learning the ins and outs of the market isn't for everyone, that's why personally, Bruce Murdock oversees my investments.

    • @ChanLui
      @ChanLui 22 дні тому

      Without a doubt! Bruce Murdock is a trader who goes above and beyond. he has an exceptional skill for analyzing market movements and spotting profitable opportunities. His strategies are meticulously crafted based on thorough research and years of practical experience.

    • @JohnyTerr
      @JohnyTerr 22 дні тому

      nice! once you hit a big milestone, the next comes easier.. How can i reach him if you don't mind me asking?

  • @ougmass
    @ougmass 22 дні тому +2

    It is obvious that the The Bank of Canada is fueling financial inflation, while trying to fight price inflation. The latter is fueled by the first, the bottom line is that the Bank of Canada, is like a truck driver, who puch the gas pedal, and the break pedal in the same time. The result is stagnation, while burning gas, damaging the wheels, and failing to deliver, or to deliver in time.

  • @canadiansfor2A
    @canadiansfor2A 22 дні тому +2

    Inflation is 20 plus %.

    • @bdegrds
      @bdegrds 22 дні тому

      Rotflmao, so banks are giving loans 15% less than what they actually could? That's literally what you are saying

    • @canadiansfor2A
      @canadiansfor2A 22 дні тому

      @@bdegrds from 2020 to now inflation is up 20% plus!

    • @canadiansfor2A
      @canadiansfor2A 22 дні тому

      @@bdegrds they also change what's in the basket of goods to fit their narrative!

    • @bdegrds
      @bdegrds 22 дні тому

      ​@@canadiansfor2Ano. Inflation is down to its lowest point in 3 years

  • @KG-ou4nm
    @KG-ou4nm 22 дні тому

    And the base prices of All goods and services have doubled in the last 2 years……..productivity is down in Canada, Government is still spending irresponsibly, policies are causing business to move investment out of Canada and 25 percent of the jobs in Canada are now in the public sector…….

  • @leeeduncan
    @leeeduncan 22 дні тому

    Comments left on unlike CBC..

    • @CorporateShill66
      @CorporateShill66 22 дні тому

      CBC is Liberal government's propaganda machine. No disagreements allowed!

  • @joehoar3164
    @joehoar3164 22 дні тому +9

    Sure we're told that inflation is dropping ,but someone explain why 1 in 4 Canadians are living in poverty.Explain why food is 25% higher.Explain the lack of housing.Explain the jobless situation.Explain the hopeless future.Explain why shrinkflation is so prevelant.....Canada is in a recession,and all of the above is why.

    • @bdegrds
      @bdegrds 22 дні тому +4

      Because you don't understand economics

    • @huggybear3098
      @huggybear3098 22 дні тому +1

      ​@bdegrds a liberal explaining math..hilarious...you haven't balanced the books yet!

    • @musesshadow
      @musesshadow 22 дні тому

      @@huggybear3098Chrétien/Martin liberals are the only Canadian government to pay down the debt since it began accumulating 🤡

    • @Iliinois18
      @Iliinois18 22 дні тому +1

      Perhaps something to do with a drama teacher and journalist running things....

    • @funkspinna
      @funkspinna 22 дні тому +1

      The RATE of inflation is slowing down. But the inflated prices remain.

  • @net81j
    @net81j 22 дні тому

    Fake News, LOL

  • @ghostrider9912
    @ghostrider9912 22 дні тому

    Canada is dying, 2.5% is so wrong..real inflatio 25%. Bought any food lately?