Argy update

[farmaholic]

About 4.25% per year

I think GIC rates were about 10-11% then, I had some RRSP GICs and after they matured it was all down hill after that.

[Klause]

About 4.25% per year

Real inflation or the fake stuff posted as the CPI?


Canada, and indeed a lot of western nations "fake" their inflation numbers by leaving out important vectors, or using fake math.

I.E. The cost of housing in Toronto went up 37% in the past decade according to Stats can, but in actuality, even with conservative math it went up 140%.


Makes a huge difference.


What was a new 140HP john deere FWA tractor in 2000, and what is that tractor today as far as cost to buy?

[farming101]

Real inflation or the fake stuff posted as the CPI?


Canada, and indeed a lot of western nations "fake" their inflation numbers by leaving out important vectors, or using fake math.

I.E. The cost of housing in Toronto went up 37% in the past decade according to Stats can, but in actuality, even with conservative math it went up 140%.


Makes a huge difference.


What was a new 140HP john deere FWA tractor in 2000, and what is that tractor today as far as cost to buy?

I know, garbage in garbage out

Probably as good an indicator as any is the availability of goods
A large percentage of the population spends most of their income on consumption. As long as people can readily get what they need and pay for it with the nation's currency you have a functioning economy.
No two consumers are the same either. So, some care what the price of a new tractor is others don't. Some buy a new car and spend less in a year on financing it then they do on cigarettes. It's complicated