girlfreddy to Canada@lemmy.caEnglish · 2 years agoIs the Bank of Canada making things worse?www.cbc.caexternal-linkmessage-square85fedilinkarrow-up137arrow-down11file-textcross-posted to: [email protected]
arrow-up136arrow-down1external-linkIs the Bank of Canada making things worse?www.cbc.cagirlfreddy to Canada@lemmy.caEnglish · 2 years agomessage-square85fedilinkfile-textcross-posted to: [email protected]
minus-squarezephyreks@lemmy.calinkfedilinkEnglisharrow-up5·2 years 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-squareRodeo@lemmy.calinkfedilinkEnglisharrow-up2·2 years agoSo maybe it should be called the Buying Habits Index then.
minus-squareglib@lemmy.calinkfedilinkEnglisharrow-up3arrow-down1·2 years 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