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Old 10-04-2022, 11:04 AM   #3860
sonick
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Quote:
Originally Posted by Hondaracer View Post
Norway, Israel, Japan, Korea, Australia, Switzerland, etc.

Then if you start throwing in countries like UAE, Saudi Arabia, etc. they are not even close to our levels inflation. You can debate as to why, but I’m sure their citizens aren’t running out of money to put food in their kids mouths.

We’re doing awesome though, don’t worry about it
Do you do ANY sort of your own due diligence before you start randomly stating things you've read on twitter?

Every one of the countries you listed at the start of your post (I havent bothered looking at UAE, Saudi, etc.) have experienced the highest inflation rates the countries have recorded in the past 3 months than they have in the last 5+ years, with significant relative increases that likely rival what Canada has experienced.

Israel went from <1% at the end of 2019 to 5.2% in July (5.2x higher inflation). This is a higher relative increase compared to Canada, at 2% up to 8.1% that same time (approx 4x higher inflation).

Source: https://tradingeconomics.com/canada/inflation-cpi
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