What’s really driving inflation? Politics vs. reality
You’ve probably noticed that prices of practically everything — food, gas, haircuts, housing — have been going up lately. Canada’s inflation rate is now the highest it’s been in 18 years. In Parliament, the Conservative party has been pointing fingers at Justin Trudeau’s Liberal government, and calling on them to quit racking up deficits. They’ve even come up with a nickname for the problem: #Justinflation. But economists say this isn’t a normal inflation problem and warn normal solutions may not work.
Front Burner · CBC
December 7, 202125m 17s
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Show Notes
You’ve probably noticed that prices of practically everything — food, gas, haircuts, housing — have been going up lately. Canada’s inflation rate is now the highest it’s been in 18 years.
In Parliament, the Conservative party has been pointing fingers at Justin Trudeau’s Liberal government, and calling on them to quit racking up deficits. They’ve even come up with a nickname for the problem: #Justinflation.
But economists say this isn’t a normal inflation problem and warn normal solutions may not work.