Japan is winning the currency war

[kashirin]

The BoC is run by the guy who is the former head of Export Development Canada so he thinks the only way out is to make the loonie equal to the peso. It is helping his exporter buddies.
But now people are paying 5- 15% more for fruits/veggies since 80% is imported. Somehow inflation still hasn't meet BoC targets.......

it's just part of the story
5-15% more for veggies that's probably just $50 a month or less
poor will get additional transfers
and middle class sitting on huge housing gains
people in big cities got their lifetime wages or more in 10 years in housing equity

those lucky who bought 2 or 3 houses as an investment are really rich now