What caused our inflation to be 7%?

[AlbertaFarmer5]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

[TASFarms]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

That 2% profit margin is after all the top bass has sucked out their big wages and bonuses

[Old Cowzilla]

Try and jam $50 in your pocket after buying, feeding, selling grassers 2-3 % pretty dam close.

[tweety]

Interesting example you brought up. George Weston Limited had a net profit margin of 5.15%. Compared to the last 10 years when the net profit margin has been closer to 2%.

I would call that razor thin. I certainly wouldn't be taking the risk of seeding a crop for a 2% profit. Or even 5%.

And yes, 5% is a big increase over 2%. And to the mathematically challenged socialists, the profit number looks big. Just like the renewable energy fanatics like to point at the astronomic percent increase of solar, from statistically 0, to any number greater than 0 as some sign of success. Instead of using the actual values.

If you think those profit margins are too high, then I suggest you take Jazz's advice and buy the stock and participate in the windfall.

And I thought the thread was about "What caused our inflation to be 7%"

Since sharp increase in profits and price increase isn't causing inflation, how about you say what is then?

[AlbertaFarmer5]

And I thought the thread was about "What caused our inflation to be 7%"

Since sharp increase in profits and price increase isn't causing inflation, how about you say what is then?

Now you are just avoiding the topic that you brought up in the first place. You made the patently false claim that as a result of collusion, their profit margins were huge. You denied my claim that they are razor thin. Now when I point out that they were and still are razor thin, you don't have any comeback..

[TSIPP]

Try and jam $50 in your pocket after buying, feeding, selling grassers 2-3 % pretty dam close.

Try and jam $100 bucks in your pocket after feeding a cow for a year and her calf for six months and then sell the calf.

Article in the western seducer say if you make a living with 200 cows you’d make a better living at Tim Hortons.

[TOM4CWB]

Try and jam $100 bucks in your pocket after feeding a cow for a year and her calf for six months and then sell the calf.

Article in the western seducer say if you make a living with 200 cows you’d make a better living at Tim Hortons.

Buttttt....

Think of all the: freedom, fresh air... and fun you would miss raising cattle!!

Just keep those ornery old cows happy... and the bulls locked away in a safe ... with a "Beware of dangerous 1 ton killers" patrolling this farm!

Who has more 'fun' keeping dangerous deadly weapons!

Cheers

P.S. sadly selfish socialist politicians are much more dangerous to the health of Canadians... than the worst poisonous vile constrictor snake... their promises squeeze the life out of us... while drugging us with injections of Liberal tempting hypnotizing deceptions...

Blessings and Salutations... we still farm in the best country hands down on the planet!!!

[TSIPP]

I never broke a bone until I started ranching, the bulls don’t cause trouble it’s the cows that calved recently.

It’s definitely a lifestyle better than city living, 4 hours in the city and it’s time to hit the gravel road.

[tweety]

Now you are just avoiding the topic that you brought up in the first place. You made the patently false claim that as a result of collusion, their profit margins were huge. You denied my claim that they are razor thin. Now when I point out that they were and still are razor thin, you don't have any comeback..

Post evidence that profits are razor thin as opposed to the mountain of evidence you are 100% wrong.

https://fred.stlouisfed.org/series/NFCPATAX

Government numbers, which aren’t adjusted for inflation, were updated on Dec. 22. They show that corporate profits in the quarter ending Sept. 30 tallied $2.7 trillion dollars, the highest level since 1950. Corporate profits in the previous quarter also reached a high as a percentage of gross domestic product.

Yardeni Research, a consulting firm offering financial analysis, in December produced a report on the profit margins of S&P 500 companies. The report shows corporate profit margins at their highest levels since at least 1994.

https://tradingeconomics.com/united-states/corporate-profits

Corporate profits in the United States rose 6.2 percent to a fresh record high of USD 2.53 trillion in the second quarter of 2022, less than previous estimates of a 9.1 percent surge and following a downwardly revised 2.5 percent drop in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 4.1 percent to USD 2.95 trillion, while net dividends fell 0.2 percent to USD 1.74 trillion. Meanwhile, undistributed profits skyrocketed 24 percent to USD 0.78 trillion


Your comment comes from the same place that laughs at 1 kg of fuel burnt produces 3 kg of CO2 and calls it liberal magic.

What is the inflation rate?
The inflation rate refers to the extent to which certain products and services experience an increase in price over a set timeframe within an economy. When inflation occurs, consumers need a larger currency to buy the same quantity of the same goods. This indicates a reduction in the value of the nation's currency. Inflation is usually calculated and reported in percentages.

This isn't complicated - many business raised their prices a lot which affected the CPI by an average of 7%. And in the process have achieved record profits and record whining from Agriville.

[tweety]

And in other news Conservatives pull ahead of the Liberals by 11 points !

https://nationalpost.com/news/canada/canadian-politics/poll-conservatives-gain-further-ground

The Nanos Research tracking poll of results over three days of surveys put support for the Conservatives at 41.2%, up from 40.5% in a Saturday poll.

Support for the Liberals was at 30.4%, down from 31.7%, while the New Democratic Party rose to 15.2% from 13.2%.

[AlbertaFarmer5]

Post evidence that profits are razor thin as opposed to the mountain of evidence you are 100% wrong.

https://fred.stlouisfed.org/series/NFCPATAX

Government numbers, which aren’t adjusted for inflation, were updated on Dec. 22. They show that corporate profits in the quarter ending Sept. 30 tallied $2.7 trillion dollars, the highest level since 1950. Corporate profits in the previous quarter also reached a high as a percentage of gross domestic product.

Yardeni Research, a consulting firm offering financial analysis, in December produced a report on the profit margins of S&P 500 companies. The report shows corporate profit margins at their highest levels since at least 1994.

https://tradingeconomics.com/united-states/corporate-profits

Corporate profits in the United States rose 6.2 percent to a fresh record high of USD 2.53 trillion in the second quarter of 2022, less than previous estimates of a 9.1 percent surge and following a downwardly revised 2.5 percent drop in the previous period. Net cash flow with inventory valuation adjustment, the internal funds available to corporations for investment, rose 4.1 percent to USD 2.95 trillion, while net dividends fell 0.2 percent to USD 1.74 trillion. Meanwhile, undistributed profits skyrocketed 24 percent to USD 0.78 trillion


Your comment comes from the same place that laughs at 1 kg of fuel burnt produces 3 kg of CO2 and calls it liberal magic.

What is the inflation rate?
The inflation rate refers to the extent to which certain products and services experience an increase in price over a set timeframe within an economy. When inflation occurs, consumers need a larger currency to buy the same quantity of the same goods. This indicates a reduction in the value of the nation's currency. Inflation is usually calculated and reported in percentages.

This isn't complicated - many business raised their prices a lot which affected the CPI by an average of 7%. And in the process have achieved record profits and record whining from Agriville.

I only researched your example of George Weston Limited. Net profit margin is currently ~5%. Up from an average of closer to 2% over the past 20 years. From almost no profit margin, to almost razor thin profit margins. And you think that is the cause of inflation?

You have it backwards. The slim profit margins were possible because of stable conditions and efficiencies and low capital costs, and exploitation of cheap off shore labour of recent decades. All of those factors have been deflationary, now as we return to normal, as all those factors unwind, we view a return to the mean as inflation. Any business needs an ROI that compares with the cost of capital. The example you provided mirrors the cost of capital very closely. Who would invest in a grocery chain for 2% profit when GIC's are over 5%? But back when GIC's were closer to 0%, the 2% ROI was a great investment.

[TASFarms]

I only researched your example of George Weston Limited. Net profit margin is currently ~5%. Up from an average of closer to 2% over the past 20 years. From almost no profit margin, to almost razor thin profit margins. And you think that is the cause of inflation?

You have it backwards. The slim profit margins were possible because of stable conditions and efficiencies and low capital costs, and exploitation of cheap off shore labour of recent decades. All of those factors have been deflationary, now as we return to normal, as all those factors unwind, we view a return to the mean as inflation. Any business needs an ROI that compares with the cost of capital. The example you provided mirrors the cost of capital very closely. Who would invest in a grocery chain for 2% profit when GIC's are over 5%? But back when GIC's were closer to 0%, the 2% ROI was a great investment.

I think you need a chart of the top brass pay to get a good idea on how a corporation is doing. Earnings % is just one line of many.

[Guest]

And in other news Conservatives pull ahead of the Liberals by 11 points !

https://nationalpost.com/news/canada/canadian-politics/poll-conservatives-gain-further-ground

The Nanos Research tracking poll of results over three days of surveys put support for the Conservatives at 41.2%, up from 40.5% in a Saturday poll.

Support for the Liberals was at 30.4%, down from 31.7%, while the New Democratic Party rose to 15.2% from 13.2%.

true dope good , pierre bad , wait now???

[errolanderson]

Inflation is now rapidly fading in the rear view mirror. This must be bothering main stream media as it doesn’t fit their storyline.

Fed QE was a colossal failure. Welcome rapid incoming asset deflation in-progress. It’s going to sting those set on the inflationary bandwagon . . . .

[AlbertaFarmer5]

Inflation is now rapidly fading in the rear view mirror. This must be bothering main stream media as it doesn’t fit their storyline.

Fed QE was a colossal failure. Welcome rapid incoming asset deflation in-progress. It’s going to sting those set on the inflationary bandwagon . . . .

How long before the next incarnation of QE starts?