Conservatives argue the Liberal government’s climate measure drives up the cost on everything. The inflation-watching head of the central bank offered some perspective on this.

That number: 0.15 percentage points of the inflation increase can be attributed to the carbon tax.

Or 15¢ per $100.

‘My business is literally ruined.’

Or

‘0.15 is 15%, so we need to raise our prices 15% (plus our standard markup (which is a minimum 100% markup)). The Left is ruining the economy for everyday people like you!’

No no, it’s 0.15%.

Rentlar
link
fedilink
21Y

Yes, but businesses can say that without the consumer knowing better.

They absolutely cannot. Have you seen this somewhere?

Rentlar
link
fedilink
1
edit-2
1Y

For the first half of just plain incorrect math, I’ll point to the Verizon support call how they can’t figure out the difference between dollars and cents…

For the second half I’ll point to deranged salesmen like Mike Lindell.

What laws or rules are preventing a businesses from raising prices for any bullshit reason they like?

@PipedLinkBot@feddit.rocks
bot account
link
fedilink
English
11Y

Here is an alternative Piped link(s): https://piped.video/watch?v=MShv_74FNWU

https://piped.video/watch?v=JAbmm-1BdNI

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I’m open-source, check me out at GitHub.

Laws to prevent price increases? No.

Laws to prevent lies in advertising? Yes.

Unfortunately they’re usually smart enough to keep the connection vague.

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