Could efforts to lower inflation trigger a recession in Canada? An economist weighs in

Centre for Policy Alternatives Senior Economist Sheila Block says increased interest rates could trigger a recession in the next six to eight months.

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11 comments

  1. Government-caused inflation triggers government-caused recession.

    Might this economist mention the fact that inflation is caused by government monetary policy?

  2. If the government issued one day a week tax free purchases up to $1000, it would immediately tackle inflation without recession (short term) then implement a mandatory donation of $1 per paycheck into a food security with a fixed rate loan to farmers that pays back with produce after produce is sold then a dividend will be paid to each person that contributed (long term) which turns into a investment in our belly and pockets

  3. Tiff Macklem is The Pope, and a long-term interest rate that is below the inflation rate is the sincere path towards spiritual enlightenment and paradise.

  4. We are already in a recession, it’s just the remnants of a hit housing market that kept the GDP up in the last 2 quarters

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