True North Commercial REIT T.TNT.UN

US inflation cooling

[flamingogold]

CPI # out today slightly below consensus which should have the FED pause on their next rate decision.

[colucci]

No, it will not lead to a pause. I don`t know where you people come up with these theories. 

[flamingogold]

I did not say a permanent pause, I think they pause at the next meeting. Powell was clear that his fiscal policy decisions were data dependent as it comes in and today's CPI was inline or slightly below expectation.

[colucci]

I am unconvinced. The data for the month of August will come out before their meeting on september 20th and the results will probably show more signs of inflation than they did in July due to increased energy costs.

[colucci]

Inflation is just going to take off again the second they decide to stabilize their rate or even cut back, because you, the consumer, has not yet felt enough pain to learn your lesson. For the time being, we`re either going to keep having inflation or we`re going to keep having rate hikes. This will keep happening until we get hyperinflation or a recession - and the fed does not want

[CrazyTrader]

There will be no hyperinflation with the US dollar.   The US war machine will make certain of that, if the Propoganda machine fails. All just my opinion/view/thinking

[colucci]

well I don`t expect 10000% yoy in inflation, but given the nature of the american economy, even 10-25% is hyperinflation for weimerica.

[CrazyTrader]

well if you consider 10-25% hyperinflation then I'm guessing we already experienced/experiencing it now if not more.    Over past few years, many daily items that we need to buy everyday have probably gone up 50% or more.   

[SNAKEYBOY]

Cmon man this is nonense, a one topping large pizza costs $11, poptarts $3.  Lets keep things real

[colucci]

True, a 10% inflation rate is devastating for a developped FIRE economy. I would argue that the rate of inflation over the past 15 years is significantly higher than the official numbers would suggest and the standard of living of the average north american has gone down significantly as a result. The final result of which is the continual decline in life expectancy for weimericans since 2017.

[SNAKEYBOY]

I would have no idea what the CPI print is without the number...prices to me look stabilized past 6-10 months.  I can dine out for ~$20 like I always have

[wheeloffortune]

Saying Canada needs to raise interest rates to prevent hyperinflation is simply nonsense.  Japan's Central Bank Rate is still -0.10%.  BUT, the inflation rate for 2022 is 2.5%. Japan has over 3X the population of Canada and is only a fraction of the land size.   Why doesn't Japan have hyperinflation if what you're saying is true?? 

[colucci]

Comparing the Canadian economy to Japan's is ludicrous unless you`re engaging in an academic conversation, for it has no bearing in reality. The japanese economy is in terminal decline due to their increasingly aging population, a little to no immigration policy, and a refusal to upend their economic system to remain competitive in the face of foreign competition. The japanese also have an

[wheeloffortune]

Everything you said is complete nonsense.  Japan's unemployment rate is only 2.5%.  Canada's rate is double that and we have a 5% interest rate.  Because of the labour shortgage, companies have to pay their employees a premium salary so they don't loose them to their competitor,  Having to pay a premium salary every year so you don't loose your employees should

[rabnud]

to note the BOC rate is 5% but the prime rate  is 7.2%     

[flamingogold]

Calm down, hyperinflation is not happening.

[colucci]

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