When it comes food price inflation in Canada, grocery stores aren’t the only issue

[newguy]

So is the pst applied to food every step of the way like carbon tax ? I’m confused

Carbon tax has no more influence on food prices than Moe's oil royalty collected increasing huge amounts.Minimum wage increase is a direct cause of inflation.But we had all that and inflation was still very low.Only when a crop failure hit the same time as Putin started a war inflation spiked globally. I am surprised having to explain the effects of supply and demand to a farmer.

[Guest]

Carbon tax has no more influence on food prices than Moe's oil royalty collected increasing huge amounts.Minimum wage increase is a direct cause of inflation.But we had all that and inflation was still very low.Only when a crop failure hit the same time as Putin started a war inflation spiked globally. I am surprised having to explain the effects of supply and demand to a farmer.

Cmon Chuck
Grain prices have halved , still food goes up ?
Wake up

[chuckChuck]

Cmon Chuck
Grain prices have halved , still food goes up ?
Wake up

What do grain prices have to do with fruit and vegetable prices for example? Nothing!

Commodity prices have come down from the recent peaks, but so has inflation.

Energy prices because of supply and demand have risen again increasing inflation.

Wake up Case!

[newguy]

Cmon Chuck
Grain prices have halved , still food goes up ?
Wake up

Hate to break it to you but once something takes a bounce up it will take awhile to come back down and probably not ever getting back to where it originated.The time grain spiked buyers probably averaged out there yearly use to similar prices as today's price.As they would have prebought some so cheap.660 lb feeder steer calf almost $2500.00.Sounds expensive to many that just got spoiled on cheap food.Canada still one of the lowest % of income spent on food countries in the world.

[jazz]

What do grain prices have to do with fruit and vegetable prices for example? Nothing!

Commodity prices have come down from the recent peaks, but so has inflation.

Energy prices because of supply and demand have risen again increasing inflation.

Wake up Case!

What a bunch of malarky. In 2014 oil was $140 a barrel. Did you see rents and food double that year.

There have been a dozen wars, Iraq, Afganistan, Syria etc, didnt move the needle on inflation.

You literally have no idea what you are talking about. The carbon tax is the first tax in Canada to be applied directly to the factors of production and you can see the direct effect of that. Taxing the inputs on a product before its even made. Its the most regressive tax you could cook up. Of course its going to drive up prices.

[Guest]

Like talking to a wall ! Lol

[Guest]

Hate to break it to you but once something takes a bounce up it will take awhile to come back down and probably not ever getting back to where it originated.The time grain spiked buyers probably averaged out there yearly use to similar prices as today's price.As they would have prebought some so cheap.660 lb feeder steer calf almost $2500.00.Sounds expensive to many that just got spoiled on cheap food.Canada still one of the lowest % of income spent on food countries in the world.

Read jazz post above
Maybe it will help you comprehend

[newguy]

Read jazz post above
Maybe it will help you comprehend

So how would you explain a spike in inflation around the world at a similar time frame.? If the carbon tax was totally to blame inflation should be specific to Canada.check out inflation around the world.that may help you comprehend.

[Guest]

Ummm
Do you think it also had anything to do with everyone quitting working when idiots around the world shut economies down and paid them to watch Netflix ?

[cropgrower]

[newguy]

Ummm
Do you think it also had anything to do with everyone quitting working when idiots around the world shut economies down and paid them to watch Netflix ?

How did that explain how similar inflation in countries with no carbon tax?

[jazz]

So how would you explain a spike in inflation around the world at a similar time frame.? If the carbon tax was totally to blame inflation should be specific to Canada.check out inflation around the world.that may help you comprehend.

Central bank coordination, flooding the world with printed liquidity along side massive govt debt expansion.

You do know that every nation that has a central bank horse trades liquidity and currency and swaps all the time. In 2009, the federal reserve sent trillions to the EU and others.

And because the federal reserve uses the reserve currency as a weapon, it ends up exporting inflation to the world.

This is not hard stuff. It has literally nothing to do with supply and demand or covid or oil.

The carbon tax thrown into the mix with all that is just more fuel to the fire.