Currency effect or inflation? Wheat

[biglentil]

You have overslept. Back in 2012 it would cost you $14 to get a bushel of canola and today you can get it for under $11. 2012 that bushel also cost $14 USD and today only $8.25 US. Gotta be paying attention.

I don't know about you but I don't buy canola unless its blue and 14 bucks a pound. I grow it and the price of land, price of iron, cost of labour all up up up.

[Rareearth]

The only consumer goods that have decreased in price are tv’s. They now have the latest and greatest new and emerging tech, don’t seem to be getting lower cost any more like they were 10years ago.

- hotels
- McDonald’s inflation monitor ( Big Mac, smaller portions and higher cost)
- wages
- auto
- fertilizer
- etc

I don’t see deflation, stagflation yes. If costs of goods and services go down any it would be max 10%
Interest rates are low to maintain the economy ( debt) , higher interest rates would destroy the economy faster than a train derailment (oil) in Moosejaw.

Expect more of the same, doom and gloom with nothing really changing

[errolanderson]

Until there is a political will and governments are actually accountable for debt due to voter wake-up and shake-up, nothing will change until after the next recession/depression is over. The next generation may have a much different view on debt and qualities of our politicians.

There is an economic shake-up now 'coming-on-strong' (IMO) . . . .

[sumdumguy]

CTV News reports that European soft drinks to ice cream are affected because of a shortage of CO2. Thought we have too much—— well then, send it to Europe, then we won’t have to pay stupid tax.

[errolanderson]

China is punching back. They are devaluing the Yuan and dumping American debt.

This senseless trade war driven by political ego will pull the entire global economy into recession before we toast the new year (IMO). U.S. dollar (please treat as opinion) appears overbought.

There is no chance of any BOC rate hike. Fed rate hikes are also likely questionable. An true economic gong show now taking place . . . .