zedtronic

joined 2 years ago
[–] zedtronic@kbin.social 2 points 2 years ago* (last edited 2 years ago) (3 children)

Changing the formula isn't a problem, it changes all the time (and SHOULD change all the time). In my opinion the problem is the choice of headline from CBC. Even the article acknowledges the headline inflation rate is being influenced downwards by volatile items, and that economists as well as the BoC don't really care what the headline rate is. All eyes are still on the underlying "warm" parts of more consistent categories.

[–] zedtronic@kbin.social 1 points 2 years ago* (last edited 2 years ago)

For reference here is the new basket weights of the CPI. Updated with the release of the May 2023 data. And here is the HCFE data that they used to update the weightings.

[–] zedtronic@kbin.social 7 points 2 years ago

True but the government can take legislative measures that would decrease inflation, and so it wouldn't be necessary to raise rates.

[–] zedtronic@kbin.social 45 points 2 years ago* (last edited 2 years ago) (6 children)

#1 rule on the internet: don't feed the trolls. Downvote them, block them, move on. They're not here to engage in good faith.

[–] zedtronic@kbin.social 9 points 2 years ago* (last edited 2 years ago)

I check in every once in a while, at least until Apollo stops working. I mostly just stick to giving people Reddit alternatives or explaining the federated internet so people aren't scared of such a simple thing.

Selfishly I just didn't want to use the Official App with ads. But once there's a viable alternative to Reddit, and it's actually better than Reddit, why would I go back? "hurr durr cause I can get a thousand updoots on my post". Who cares? It's about the quality of engagement. I was surprised how many people unironically care about their internet points and tie their identity up with a website.

[–] zedtronic@kbin.social 6 points 2 years ago* (last edited 2 years ago) (1 children)

Although a little outdated being from Nov 2022, Statistics Canada has a great breakdown of what contributes to the rising costs of food beyond transportation costs.

I'm not saying corporate profit-taking isn't affecting prices or that we shouldn't do anything about it, just that there's a lot going on here. Last time I looked Loblaw's profit margin had increased from 2% to 3% from 2020-2023. A 50% increase is a lot and I think they're scum for doing that, but it doesn't explain the overall ~30% increase in food prices.

[–] zedtronic@kbin.social 13 points 2 years ago

I’d say 1st round draft, but I think Russia already did that…

[–] zedtronic@kbin.social 3 points 2 years ago (2 children)

The API pricing is shit, but I care more about how I’m forced into an app with ads. That’s really the straw that made me seek alternatives in earnest.

[–] zedtronic@kbin.social 4 points 2 years ago

The end of Reddit as a place where anyone interesting hangs out. Reddit will continue on as the Facebook of 2023.

[–] zedtronic@kbin.social 6 points 2 years ago (7 children)

Anyone who says they value gameplay over graphics needs to get this game if they like the Battlefield genre

[–] zedtronic@kbin.social 1 points 2 years ago

Reddit probably won’t die. I mean Facebook is still one of (the?) most popular social media sites. Not that anyone of interest makes it their main platform.

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