RandAlThor@lemmy.ca to Canada@lemmy.ca · 1 year agoThe central bank is raising rates to fight inflation. No one else seems willing to helpwww.cbc.caexternal-linkmessage-square13fedilinkarrow-up123arrow-down112cross-posted to: canada@lemmy.ca
arrow-up111arrow-down1external-linkThe central bank is raising rates to fight inflation. No one else seems willing to helpwww.cbc.caRandAlThor@lemmy.ca to Canada@lemmy.ca · 1 year agomessage-square13fedilinkcross-posted to: canada@lemmy.ca
minus-squarecorsicanguppy@lemmy.calinkfedilinkarrow-up4arrow-down1·1 year agoYou’re actually thinking devaluing our currency is an option.
minus-squarekyr7x@lemmy.calinkfedilinkarrow-up2arrow-down1·1 year agoInflation is literally devaluing our currency, every dollar is worth less.
minus-squarecorsicanguppy@lemmy.calinkfedilinkarrow-up1arrow-down2·1 year ago literally This is how I know you need to learn more.
minus-squarekyr7x@lemmy.calinkfedilinkarrow-up2·1 year agoOk, please explain how my money is worth more when I’m able to buy less with it.
You’re actually thinking devaluing our currency is an option.
Inflation is literally devaluing our currency, every dollar is worth less.
This is how I know you need to learn more.
Ok, please explain how my money is worth more when I’m able to buy less with it.