DEFLATION: Comin-in strong

[bucket]

Federal taxes suck but nearly crapped when saw provincial tax on farm insurance renewal- we better get a convoy going to the leg.

Sask party...... good.

Everyone else ...bad.

That's the Saskparty's campaign.

[Old Cowzilla]

[ATTACH]11806[/ATTACH]

Some forecasting %10 before dust settles on other side of the ocean.

[AlbertaFarmer5]

Some are predicting that Macklem may reduce interest rates later this year to ward off a deep recession. (This after a 4-point updraft amidst 8.9 % inflation.)

Did it ever dawn on these buffoons that the carbon tax and additional consumption taxes on the carbon tax have added compounding costs on every transaction in this country. Every piece of fruit, every jug of milk, every truck that moves, every house that is heated has escalating costs associated to this useless tax. Trudeau created the inflationary spiral deliberately with his “Cash Cow” tax, and he’s loving it.

Apparently it did occur to the Marxists buffoons in charge. Evidently, this is a feature and not a bug of the system.

"The way to crush the bourgeoisie [middle class] is to grind them between the millstones of taxation and inflation.”
-- Vladimir Ilyich Lenin

[furrowtickler]

Apparently it did occur to the Marxists buffoons in charge. Evidently, this is a feature and not a bug of the system.

"The way to crush the bourgeoisie [middle class] is to grind them between the millstones of taxation and inflation.”
-- Vladimir Ilyich Lenin

That’s exactly what’s happening right now , warning signs have been flashing for a few years but most either stuck their head in the sand or were cheering this on in the name of hard core socialism to wipe out the wealth of the upper middle class and make everyone equally poor …
The elite are smiling ear to ear left virtually unscathed .
In fact Freeland even stated this very thing at the WEF a few weeks ago , proud as punch

[jazz]

[Hamloc]

Just received my January natural gas bill, was still charged $6.34 a gigajoule for natural gas. Was quite astonished as no doubt the AECO spot price of natural gas was much lower than that in January. Emailed my natural gas supplier, still waiting for a reasonable explanation. February price is supposed to be $3.44 a gigajoule. Checked diesel prices around Alberta online this morning. Three hills $179.9, Edmonton $1.529, Grande Prairie $1.969. No deflation in diesel yet. WTI oil recovered some this week, up over $78. Life still not getting cheaper in the real world Errol.

[bucket]

Lets be honest. Deflation hurts the poorest first. Farmers in the whole scheme of things are poor.

What we do is provide others to make a shitload off us.

[errolanderson]

Realize many agrivillers do not agree, but global commodity deflation has not just taken hold, but now accelerating.

Global urea and ammonia prices remain under heavy pressure on poor buyer demand. Coal prices take heavy hit, lumber prices fall back 15% this week. Ethanol and biodiesel price pressure. Even coffee prices dropping. Nat gas near all-time lows. Gasoline and diesel in-decline. Ocean freight rates have been slammed.

There’s not much inflation in the base commodity world. But there are massive margins built in-between from wholesale to retail.

Incoming consumer meltdown will eventually solve retail inflation. My opinion . . . .

[fjlip]

Still NO new vehicles unsold on lot at local GM?

One interesting note, we had a 2018 Equinox premier, priced a new 2023 Premier , it's within $100 of the 2018 list. Has smaller engine, but has more tech. Hmmm

BUT due to demand NO discounts off that list.

[Guest]

Chev 21, 3 liter diesel was $54k in 21
Now $72 k