2 years ago

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In this video, I discuss Justin Trudeau's recent comments on alleged grocery store price gouging in Canada.

If there were price gouging taking place, we would expect to see elevated grocery store profit margins-- which we do not.

It's more likely that Canada's grocery price inflation is driven by government regulation and central bank money printing.

Blaming businesses and threatening taxes or price controls is ironically the fastest way to get food price inflation to actually accelerate even more.

Fortunately, we have Bitcoin to protect us from the policies of corrupt politicians and their central bank masters.

Not investment advice! Consult a financial advisor.

Trudeau says the heads of large grocery stores need to come up with a plan to stabilize food prices:
https://twitter.com/TPostMillennial/status/1702426920602714289

There are zero signs of price gouging looking at grocery store profit margins:
https://finance.yahoo.com/news/1-canada-remove-consumption-tax-182341956.html
https://finance.yahoo.com/quote/L.TO/key-statistics?p=L.TO
https://finance.yahoo.com/quote/MRU.TO/key-statistics?p=MRU.TO

Canadian Prime Minister Justin Trudeau Attacks Opposition for Recommending Bitcoin as Inflation Hedge:
https://www.coindesk.com/markets/2022/09/13/canadian-pm-justin-trudeau-attacks-opposition-party-for-recommending-bitcoin-as-inflation-hedge/

Consumer food prices have gone parabolic since 1971:
https://twitter.com/BITVOLT7/status/1569779733453307905
https://wtfhappenedin1971.com/

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#inflation
#Trudeau

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