Bank of Canada reveals price hikes make inflation worse!

Price hikes make inflation worse? Who knew!? You’d have to admit we’re in Captain Obvious territory here. Here’s the full story from CBC. At CBC, the operative assumption is that we’re all retarded. When you think about it, you can see where they’re coming from. After all, we live in a country wherein the entirety of our political elite applauded a 98 year-old dude who fought Russia in the WW2. Between 370 MPs and another 100+ Senators plus assorted worthies from the highest ranks of the military, not a single one remembered that Russia was actually our ally in that war, and if you were fighting Russia, you obviously weren’t on our side. But the lot of them applauded till their hands were numb. How retarded is that?