Higher Interest Rates and Stubborn Inflation

Higher Interest Rates and Stubborn Inflation - Are They Here to Stay?

Рет қаралды 3,633

Күн бұрын

DFI30 joined by special guest, Jeff Rubin, a Canadian economist and author. Jeff discusses interest rates and stubborn inflation, a popular topic which he cover in his new book, A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever. Doug Hoyes and Jeff discuss inflation, sanctions and their impact on Canadian wages and employment. The conversation also touches on the Bank of Canada, bond yields, mortgages, interest rates, international trade, and the potential for a recession in the near future.
Time Stamps:
00:00 Introduction
03:45 Inflation
10:47 What does the central bank do to make inflation higher or lower?
19:33 Mortgages and Interest rates
24:15 Are we in a recession now?
26:07 Credit card debt
27:37 Predictions for the future of Canada’s economy
Related Links:
A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever by Jeff Rubin on Amazon
amzn.to/4a5dSQI
The Expendables - How the Middle Class Got Screwed by Globalization by Jeff Rubin on Amazon
amzn.to/3UKTorM
Globalization, Inequality and Debt with Jeff Rubin - Episode 317 • Globalization, Inequal...
Jeff Rubin X / jeffrubin
#interestrates #inflation #debt #economy #economist #economics #stagflation #sanctions #inflationrate #podcast

Пікірлер: 14

@WATCHLLS Ай бұрын

Best guest yet Doug 😊 He knows exactly what is going on in the financial world.

@Cleanasdirt2182 Ай бұрын

Jeff needs to return for a hour special. Tons of great information. He looks like he partied hard the night before. lol

@jason19872011 Ай бұрын

Excellent.

@robertwaldner3470 Ай бұрын

Great guest. I just changed my mind last week about getting a three year term instead going to get a five year term mortgage

@ocean694 Ай бұрын

This man understands the economic reality, much better than the politicians.

@vinyalonde Ай бұрын

This was really interesting. Thank you for posting this. I believe that in support of Mr.Rubin's thesis, the work of Peter Zeihan is worthwhile. Basically, Zeihan explains how poor demographics (meaning aging populations) has led to the decline of China, Russia, and many other countries. In a nutshell, the population of China has aged past the point where it can be competitive. It is now, according to Zeihan, cheaper to manufacture in Mexico than in China. As well, a lot of China's growth has been heavily funded by massive debt and that will be unsustainable. We also have to contend with retiring North American Boomers removing their capital from markets and putting it into safer, lower growth portfolio assets for their retirement and this likely contributes to the rising cost of capital (and adds to inflationary pressure). While we in North America are going to have relatively prosperous future, higher inflation and thus higher prices are going to be with us for a long time.

@ayela562 Ай бұрын

Totally agree. Peter Zeihans work is fascinating and very relevant to what Mr Rubin is saying here on this podcast. Another channel I would recommend is Gary’s Economics. He’s a young guy who was a trader on the London Stock exchange who now speaks to wealth inequality and the factors driving it. Fascinating stuff and very eye opening.