How does increasing interest rates actually help curb inflation? | CBC News

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So how is increasing interest rates actually supposed to be helping? According to economists, making it tougher to afford things is part of the plan.

 

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The banks just rake in more bucks and the little guy has way less bucks. You see, big business was getting all the bucks for the last while as you were all buying things on low interest and now it's the banks' turn to get your bucks. The wealthy spreading the wealth. You lose.

Haha I like how this biased of an article left out JustinFlation the reason why we are in this mess. When your demonsterous government spends almost a trillion dollars in less then 2 years ... that's the real reason for inflation.

Playbook WEF Davos Agenda (Operation Lock Step) - The damage by the injections & imminent collapse of the Banks can no longer be concealed - - The Great Covid Fraud & Deception is Now - The Great Distraction - 'Disaster by Design' - Covid To Climate To Starvation & War -

By curtailing buying on credit, thus slowing the economy. It is the only tool available to them. Justin, on the other hand, has tools but refuses to use them. Apparently enjoys people suffering.

That’s ok if were talking a bigger tv, not when we are talking about food and other essential services and items.

It's 2022. We are hundreds of years into the use of the banking system and we still can't figure out how to prevent these boom and bust cycles. Something is fishy here. It's almost like they planned it this way. babylonianmoneymagick

correct me if I'm wrong.. but isn't inflation caused by excessive gvrnmt spending and printing of money. If so this begs the question as to why we the citizens have to pick up the tab of gvrnmt recklessness? accountability

So we’re just lining the pockets of the bankers?

Such poor reporting. Stopped reading after the first couple reporting errors or better put, omissions on reasons why interest rates are going up. Don’t want to bite the hand that feeds you. I get it.

The plan is to kick thousands out of their homes while CMHC licks its lips. Banks control who can buy so Canada will never have affordable housing. Given landlords can get away with anything we are lost as a country.

Banks will make record profits while middle class lose their homes . 8% inflation now add the 55% monthly increase for the average homeowners! People losing their jobs from a manufactured recession. Yep these guys are geniuses!

It leads to MAiD. You won't need to worry about affording anything then.

Controlling inflation with interest rates has never worked but its the only card they can play without giving up control. Govt had been the biggest borrower for many years but without a rate rise their pensions are at risk.

Taxing the rich? Unfathomable, unmentionable, abominable, amoral, bad. Making life harder for everyone else? Approved by economosts, moral, good, voluntary (or we break your knee caps).

“You’ll own nothing and you’ll be happy” -trudeau and his pals over at the wef

Ya OK so don't buy food OK got it. Lol

WARNING 🚨🚨🚨STATE SPONSORED COMMIE,WEF,MEDIA.

This is how collectivism is being pushed...we will have nothing cause we can't afford anything..

So instead of paying more for a product you just give more to the bank…

This 100% failure on the liberals who threw money at everything. How can you support the fiscal policies?

Hyperinflation or higher interest rates, pick your poison. When the government feeds alcohol to the economy, eventually there’s a hangover. Or, we can keep rates ultra low and drink ourselves to death. Trudeau and the Bank Of Canada will eventually run back to the LC

Conservatives should understand this, but they don’t. Might wanna ask how a decade of artificially low interest rates facilitates massive government spending and bidding up prices. Trudeau can’t monetize billions in debt without an accommodative central bank.

governments are a bunch of scammers stealing our money.

Why not run a story on how rising interest rates impact government borrowing costs and reduce the amount of taxpayer dollars available for our beloved social programs and your organization?!

Is that meant to include food too?

😆😆

It makes it tougher to afford things for people who borrow to spend. It doesn’t affect those that have money. So, it’s basically a tax on poorer people, while lowering the cost of living for those with money …

Cut government by 50% and taxation by 90%. 🤷🏼‍♂️

Defunding the CBC would do more to curb inflation

Justin Trudeau approves this message.

So like you will own nothing and you will be happy? Imagine that.

It'll finally collapse Trudeau's housing bubble. We don't win, the banks and government win.

When it’s followed up by massive handouts that increase inflation it’s useless. Can someone please give the Liberals a crash course in economics before it’s too late?

Easy. For everything you but the bank takes a bigger cut. You know, to help the little.guy out.

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He was only 23 years old. This morning, just before sunrise, the Islamist regime in Iran executed MohsenShekari, a protester they had arrested in Tehran Mohsen gave his life for freedom. He wanted a normal life. One more brave soul killed by this bloody regime IranRevolution

It’s no secret the carbon tax is driving inflation. Why not start there?

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Islamic Republic Regime of Iran have executed a protester, sentenced to death in show trials without any due process.His charges: Moharebeh' for closing the street and just injuring an officer! His name is MohsenShekari . He was hanged early this morning. MahsaAmini

Mohsen Shekari, who was one of the protesters arrested on 25th of september, executed on 8th of December by Islamic Republic. If UN does not take any actions to pressure and stop them. they will execute more protesters.. MohsenShekari MahsaAmini

Islamic Republic Regime of Iran EXECUTED a protester TODAY, sentenced to death in show trials without any due process. His charges: Moharebeh' for closing the street and just injuring an officer! His name is MohsenShekari He was hanged early this morning. MahsaAmini

Islamic Republic Regime of Iran EXECUTED a protester TODAY, sentenced to death in show trials without any due process. His charges: Moharebeh' for closing the street and just injuring an officer! His name is MohsenShekari He was hanged early this morning. MahsaAmini

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

MohsenShekari, one of the protesters who was arrested in Tehran, was executed today.There are many others who have been sentenced to death and their lives are in grave danger. MahsaAmini IranRevolution

MohsenShekari got executed today by the Islamic Republic regime. He got arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Don’t remain silent! Your silence would cost many lives. MahsaAmini SayTheirNames

MohsenShekari got executed today by the Islamic Republic regime. He got arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Don’t remain silent! Your silence would cost many lives! MahsaAmini SayTheirNames

MohsenShekari got executed today by the Islamic Republic regime. He got arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Don’t remain silent! Your silence would cost many lives! MahsaAmini IranRevolution

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

MohsenShekari, a 23-year-old youth who was arrested during the 3 Mehr protests in Tehran, was executed by the Islamic Republic for the crime of blocking Tehran's Sattar Khan Street!!! MahsaAmini IranRevolution

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

The Islamic Republic of Iran executed 23-year-old Mohsen Shekari, one of the protestors of the nationwide uprising in Iran, for the crime of blocking the street and injuring a Basiji member in an unfair court and without the right to a lawyer this morning. MohsenShekari

MohsenShekari, one of the protesters who was arrested in Tehran, was executed today.There are many others who have been sentenced to death and their lives are in grave danger. MahsaAmini SayTheirNames

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

IR regime announced that Mohsen_Shekari, 23, was executed this morning. He was arrested during protests in Tehran٫ on sep 25. His charges were trying to block a street and injuring a member of regime forces. He was sentenced to death & executed in less than 3months محسن_شکاری

What do these economists think of our leaders throwing billions around in foreign aid while running deficits and raising interest rates?

How does money printing increase inflation?

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I dont see how the bank hording money in any way makes things better for anyone. It just takes away money people need to buy food and gas to pay a mortgage so they dont loose a place to live

For about three months, Iranians have been saying that the Islamic Republic is massacring people but no one believes us and we are accused of lying. MohsenShekari, one of the protesters who came to the street, was executed this morning. MahsaAmini SayTheirNames UN CNN

The IR executed Mohsen_Shekari, a detainee who was arrested for blocking the street during recent protests in Iran. Innocent Iranian protesters are being tortured & executed in jail. Stop mass executions with crippling sanctions. MahsaAmini SayTheirNames UN CNN

MohsenShekari, one of the protesters who was arrested in Tehran, was executed today. There are many others who have been sentenced to death and their lives are in grave danger. MahsaAmini SayTheirNames UN CNN

MohsenShekari was executed this morning by the Islamic Republic's regime. He was arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Your Silence = The Regime's Violence MahsaAmini SayTheirNames UN CNN

Today, MohsenShekari was executed for protesting. Now is the time for the G7 countries to designate the ambassadors and representatives of the Islamic regime in their countries. Let them know that their barbaric actions will not go unanswered. MahsaAmini SayTheirNames UN CNN

He was only 23 years old. This morning, just before the sunrise, the Islamist regime in Iran executed MohsenShekari, a protester they had arrested in Tehran. Mohsen gave his life for freedom. One more brave soul killed by this bloody regime. MahsaAmini SayTheirNames UN CNN

Hey world! When you were busy with the news of the abolition of the so-called Morality Police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini SayTheirNames UN CNN

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

Iranian authorities have executed a protester, sentenced to death in show trials without any due process.His charges: Moharebeh“ for closing the street and injuring an officer with a knife. His name is MohsenShekari - He was hanged early this morning. IranRevolution2022

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

The Islamic Republic intends to execute political prisoners who confessed in prison by force and torture,we need the UN full support of our youth and strong condemnation of the Islamic Republic.MohsenShekari was executed this morning,Do you want to be silent? MahsaAmini

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old MohsenShekari. MahsaAmini

MohsenShekari got executed today by the Islamic Republic regime. He got arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Don’t remain silent! Your silence would cost many lives/ MahsaAmini SayTheirNames

MohsenShekari got executed today by the Islamic Republic regime. He got arrested in the protests in Tehran and did not have access to a lawyer! This regime will execute many more if not stopped! Don’t remain silent! Your silence would cost many lives! MahsaAmini

MohsenShekari, a 23-year-old youth who was arrested during the 3 Mehr protests in Tehran, was executed by the Islamic Republic for the crime of blocking one of Tehran streets/ MahsaAmini SayTheirNames

Today, MohsenShekari was executed for protesting. Now is the time for the G7 countries to immediately designate the ambassadors or other representatives of the Islamic regime in their countries. Let them know that their barbaric actions will not go unanswered/ MahsaAmini

Hey world, when you were busy with the news of ambolish of the so-called morality police, the Islamic Republic executed 23-year-old/ MohsenShekari MahsaAmini SayTheirNames

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