507 –  Higher Interest Rates and Stubborn Inflation - Are They Here to Stay? With Jeff Rubin

507 – Higher Interest Rates and Stubborn Inflation - Are They Here to Stay? With Jeff Rubin

Author: Doug Hoyes May 18, 2024 Duration: 31:45

Doug is joined by special guest Canadian economist and author, Jeff Rubin. Jeff discusses his latest book A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever. They 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 soon and closes with practical advice for Canadians.

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 https://amzn.to/4a5dSQI

 The Expendables - How the Middle Class Got Screwed by Globalization by Jeff Rubin on Amazon

https://amzn.to/3UKTorM

Globalization, Inequality and Debt with Jeff Rubin – Episode 317 https://www.youtube.com/watch?v=-4vvcQqFuxU

Jeff Rubin X https://twitter.com/JeffRubin


Doug Hoyes sits down each week with a different specialist to untangle the complicated feelings and hard numbers around owing money. The conversations in Debt Free in 30 move beyond simple scare tactics or dry theory, focusing instead on actionable strategies for managing debt, rebuilding savings, and making informed investing choices. You’ll hear from trustees, financial planners, and counselors who explain concepts in plain language, stripping away the industry jargon that often leaves people feeling overwhelmed. Whether it’s navigating a consumer proposal, understanding credit scores, or starting to invest with a tight budget, this podcast provides a clear-eyed look at the steps toward financial stability. Doug’s approach is grounded and pragmatic, reflecting his deep expertise in the field, making each episode feel like a direct consultation with a knowledgeable guide. Tuning in regularly offers a consistent source of demystified advice, turning what can be a stressful topic into a manageable process. It’s that blend of expert insight and relatable conversation that defines this particular personal finance podcast.
Author: Language: English Episodes: 500

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