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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? Economist Jim Stanford joins Team Advantage to talk about profiteering, the housing market, and the potential for a recession within the next year.
Follow Jim Stanford on twitter @JimboStanford, and check out Economics for Everyone at economicsforeveryone.ca.
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