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submitted 2 years ago by sik0fewl@kbin.social to c/canada@lemmy.ca

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.

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[-] Phil_in_here@lemmy.ca 5 points 2 years ago

'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!'

[-] Nouveau_Burnswick@lemmy.world 5 points 2 years ago
[-] Rentlar@lemmy.ca 2 points 2 years ago

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

[-] Nouveau_Burnswick@lemmy.world 2 points 2 years ago

They absolutely cannot. Have you seen this somewhere?

[-] Rentlar@lemmy.ca 1 points 2 years ago* (last edited 2 years ago)

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?

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[-] Nouveau_Burnswick@lemmy.world 1 points 2 years ago

Laws to prevent price increases? No.

Laws to prevent lies in advertising? Yes.

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

this post was submitted on 09 Sep 2023
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