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Old 06-16-2010, 02:57 PM   #1060
macker
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Join Date: Apr 2007
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Quote:
Originally Posted by Frank MetaMusil View Post
The Bank of Canada's inflation calculator.

http://www.bankofcanada.ca/en/rates/inflation_calc.html

I also found one on the american site:

http://inflationdata.com/Inflation/I...sp#calcresults


What you should be looking at though, is the Average annual rate of inflation.

USA - 2.24%

Canada - 2.07%
Of course because it is from the Bank of Canada.....for US the Fed Reserve using 2% as a target where they want to keep things so they print to keep things in check. At some point we will see where that takes things. Thats all. Depends on what metrics you are using. I would lock in to any long term rate now. I would listen to Jim Rogers before I would listen to Mark Carney and they both say rates are going higher just to differing degrees.
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