this post was submitted on 07 Jul 2023
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[–] twistedtxb@sh.itjust.works 21 points 1 year ago (1 children)

Inflation is killing us in Canada, a make a good salary and I have to check my spending much more than a mere few months ago.

I can't imagine how a family with a average or slightly sub average salary is able to stay afloat

[–] rms1990@lemmy.ca 13 points 1 year ago* (last edited 1 year ago) (1 children)

We are not. living paycheque to paycheque and using food banks

Yeah. And it's having no noticeable effect on inflation ... it's almost like they are turning the wrong dial. The people hurting most with these interest rate rises are those who can least afford it and consequently have least effect on inflation.