Why Rate Cuts Won't Help Canada's Inflation

  Рет қаралды 5,155

CondoWong

CondoWong

Күн бұрын

Пікірлер: 29
@oldmansgoldenwords
@oldmansgoldenwords 7 ай бұрын
Now a days all realtors are macro economist
@WrightFletcher2
@WrightFletcher2 7 ай бұрын
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Elizabeth Amdall.
@johnkoo4854
@johnkoo4854 7 ай бұрын
Most informed realtor in the game...well done!
@wc4109
@wc4109 7 ай бұрын
Very informative, only that I didn’t understand, home prices have doubled maybe tripled since last 20 years, why did shelter inflation not affect interest rates? Interest rates remained low up until the stupid Russian war started early 2022…. But you mentioned Highlight #3, then government should Not include this factor…
@masternoremac3738
@masternoremac3738 7 ай бұрын
The government is recklessly spending and running deficits. This will continue to fuel inflation despite the boc increasing or decreasing rates
@hassanjalal822
@hassanjalal822 6 ай бұрын
Great show 🎉❤
@MegaSnowman35
@MegaSnowman35 7 ай бұрын
Prime land is in very short supply in Canada. Who wants to live where one gets winter 8 to 9 months of the year. Not many are coming from a warm third-world country. Good land for farm is in the same competition for this land. Yes, Canada mass is massive. very little is livable for year-round comfortably.
@DJIrisch
@DJIrisch 7 ай бұрын
that is bullshit inflation 2.9% lol 😅😅 in the past year, the inflation increased a good 3% per month, most of the things I bought went up 20 to 30%, while my income was not, and paying more taxes people don't forget Skimpflation and Shrinkflation while our money (our currency) are devaluated
@alexg9727
@alexg9727 6 ай бұрын
There may not even be two rate cuts this year. Wallstreet will soon price in only .50 cut
@lafcadiothelion
@lafcadiothelion 7 ай бұрын
This is what happens when the economy of the entire country is comprised of a couple industries
@Hae875
@Hae875 7 ай бұрын
Great video!
@dougiep2769
@dougiep2769 3 ай бұрын
5% is the low end of normal. All that money laundering dough is gonna vapourize.... so is the dollar and pensions
@rochester3
@rochester3 7 ай бұрын
yeeyy inflation is still going up by 2.9% instead of 3.3%😂😂🤣🤣
@baseline6786
@baseline6786 7 ай бұрын
People spend as much on drugs and alcohol as health.
@RainMan52
@RainMan52 7 ай бұрын
how do you know that?
@Gertrude12345
@Gertrude12345 7 ай бұрын
Maybe more.
@Carolinapetroska
@Carolinapetroska 7 ай бұрын
Definitely true. Many Canadians don't have their priorities straight !
@samoday2992
@samoday2992 7 ай бұрын
Has a direct correlation with how miserable life is in Canada
@susanstewart1402
@susanstewart1402 7 ай бұрын
That surprised me too. Definitely not in our house.
@stephenmorris8557
@stephenmorris8557 7 ай бұрын
Global warming might help.
@larchdental
@larchdental 7 ай бұрын
Simply put, we areall screwed.
@matthewjames1172
@matthewjames1172 7 ай бұрын
the truth is...interest rates have nothing to do with house prices.
@stephenn88
@stephenn88 7 ай бұрын
Maybe you should go get some education so you don’t embarrass yourself
@begood8989
@begood8989 7 ай бұрын
What are you smoking?
@truthteller6743
@truthteller6743 7 ай бұрын
They tamper demand. However, more supply hasn’t come in yet. But it’s coming......
@matthewjames1172
@matthewjames1172 7 ай бұрын
@@stephenn88 ad hominem much?
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