Quote:
Originally Posted by Azure
In other words if we actually had more competition in the food sector, the BoC wouldn't have needed to blow up the economy with repeated rate increases and we'd likely see lower food prices and lower mortgage inflation resulting in overall lower inflation?
I mean lower cell phone prices have pushed inflation down this past month.
Shocker I know.
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Lower cell phone prices were due to heavier competition by the telecom giants to try to head off the upcoming juggernaut of the Rogers/Shaw merger.
Consolidation of Rogers/Shaw however is likely to cause the same issue as grocery store consolidation/price fixing in the longer term.
We need more smaller carriers (even if they need to piggyback off Rogers infrastructure) as well as discount grocers like Aldi.
OR
To shield yourself from inflation, you could just avoid food and cell phones and everything else seems to be okay.