clearly, the narrative is “record profits mean gouging!” but this is a ridiculously facile and illiterate claim.
it’s pure playing to the peanut gallery.
inflation drives the nominal value of everything, including profits, higher. if a company once had $100 in revenue and $5 in profits and these numbers grew to $150 and $7 in profits, sure, that’s “record profits” but if inflation was 50% in that period, it was a drop in profits in real terms. it was also a drop in margins. what was a 5% profit margin is now 4.7%. that’s the opposite of gouging, that’s margin contraction and lower real profits. and that is what we are seeing across the US right now. businesses are not gouging, they are taking it in the chin to protect the consumer.
https://boriquagato.substack.com/p/price-gouging-is-a-nonsense-narrative
Here Here!!
OPEN LETTER: To the Prime Minister of the "New World Order"
TO: The Right Honourable Mark Carney, Prime Minister of Canada
FROM: Jennifer Elizabeth Telfer
I. The Banker in the PMO
You have famously stated on camera, "I'm a banker, not a career politician." That much is evident. Your leadership has treated Canada not as a sovereign nation of citizens, but as a balance sheet to be "optimized" for global investors. You are a technician for a vision that seeks to dismantle national independence in favor of the "variable geometry" of global power you promoted at Davos 2026.
II. The Death of the Trades & The "Build Canada" Scam
As someone who has worked in the trades for over 15 years, I see the "holes" in your Build Communities Strong Fund. You talk about "supercharging" homebuilding, but your policies are crushing the people who actually do the work:
The Productivity Trap: You demand 500,000 homes a year while your "hidden" fuel taxes and inflation make it impossible for ...
Someone finally put the truth in print in a Red Deer obituary. She was 71.
" Six years ago. Val’s health began to be compromised. She battled every day to reverse the vaccine injury after long battle in excruciating pain."