Recession Ahead? (Alberta Advantage ep175 w/ Jim Stanford)

The Bank of Canada is explicitly trying to increase unemployment by raising the cost of borrowing money. Is excessive employment the cause of inflation, and if not, what are the consequences of this policy likely to be?<br /><br />Economist Jim Stanford joins Team Advantage to talk about profiteering, the housing market, and the potential for a recession within the next year.<br /><br />Follow Jim Stanford on twitter <a href="https://twitter.com/jimbostanford/" target="_blank" rel="noreferrer noopener">@JimboStanford</a>, and check out Economics for Everyone at <a href="https://economicsforeveryone.ca/" target="_blank" rel="noreferrer noopener">economicsforeveryone.ca</a>.<br /><br /><a href="https://www.patreon.com/albertaadvantage" target="_blank" rel="noreferrer noopener">Support</a> this podcast! Watch our <a href="https://www.twitch.tv/albertaadvantage" target="_blank" rel="noreferrer noopener">livestream</a>! Sign up for our <a href="https://albertaadvantage.substack.com/" target="_blank" rel="noreferrer noopener">newsletter</a>!