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submitted 3 days ago* (last edited 3 days ago) by [email protected] to c/[email protected]
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[-] [email protected] 2 points 3 days ago* (last edited 3 days ago)

Well the CPI is clearly fake, real inflation is far higher.

A good example is we are printing money to buy mortgage bonds, which means we print money to lower inflation, because it decreases mortgage interest costs.

https://www.bankofcanada.ca/markets/canada-mortgage-bonds-government-purchases-and-holdings/

The CPI does not include housing appreciation in its calculation so this is the parameter that keeps housing prices tethered to reality, and we still lose FX by printing money.

this post was submitted on 28 May 2025
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