Up untill a week ago Nofrills carried these “three packs” of salmon for $10. Now the same pack contains two for the same $10. I thought it felt light when I bought it yesterday.

This comes to about $0.02 increase per gram, and a $1.10 price increase overall. Or a 11% increase in price overall. Meanwhile inflation is at 6-7%?

    • MystikIncarnate@lemmy.caEnglish
      31·
      10 months ago

      It’s consistently amazing to me that people have no idea how the money system works; it’s only the economics of the country, no big deal.

    • drphungky@lemmy.worldEnglish
      11·
      10 months ago

      Ah yes, the US Fed causing inflation in all of Europe and Canada too. It’s crazy how the Fed made inflation lower here at home though. I don’t know how they do that without there being some kind of series of global supply shocks.

      I guess we’ll never know.

      • Album@lemmy.caEnglish
        1·
        10 months ago

        Lol yeah the person who replied didn’t know what nofrills was but the bank of Canada also increased total money supply similar to how the us federal reserve did.