Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
OK so then show me some data showing the rich vs poor income, scaled to inflation.
I’m sure it’ll be a nice linear trend where everyone’s income increases at the same rate right?
This is what I mean by propaganda, you could argue for and against inflation in a million different ways - all that matters at the end of the day is its net effect, keeping people poor
I don’t understand what’s your point here. I didn’t meant that 3% is a great inflation to have forever, I just said that going from 4% to 3.8% is good because the target is 3%. BoC meeting its targets is the good economic indicator. It’s a single indicator, not synonym of a perfect economy, and a great economy doesn’t translate into great society/QoL either.
OK so then show me some data showing the rich vs poor income, scaled to inflation.
I’m sure it’ll be a nice linear trend where everyone’s income increases at the same rate right?
This is what I mean by propaganda, you could argue for and against inflation in a million different ways - all that matters at the end of the day is its net effect, keeping people poor
I don’t understand what’s your point here. I didn’t meant that 3% is a great inflation to have forever, I just said that going from 4% to 3.8% is good because the target is 3%. BoC meeting its targets is the good economic indicator. It’s a single indicator, not synonym of a perfect economy, and a great economy doesn’t translate into great society/QoL either.