Question: 1. Based on your own observations in the marketplace, do you believe we are in an inflationary or deflationary period? 2. Go to the Bank

1. Based on your own observations in the marketplace, do you believe we are in an inflationary or deflationary period?
2. Go to the Bank of Canada website and find the latest inflation figures. Based on the latest statistics, is inflation or deflation the biggest problem today?
3. What do you think of Phil Green’s contention that the CPI has become a deceptive tool? Do you believe that governments are purposefully massaging the numbers? If so, explain why.

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1 If we use the Consumer Price Index CPI as the basis for our answer we are clearly in a period of relatively low inflation about 2 percent annually The much more interesting question here is whether ... View full answer

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