Episode 78

full
Published on:

14th Jan 2022

NLR Minute 01/14 - Interest Rate Worries

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The crisis in housing is reaching fever pitch across Canada, with it hitting especially hard right at home for one of our co-hosts.

It's being reported that the Bank of Canada is going to be raising the overnight lending rate next week in what will be the beginning of a series of increases seeking to control inflation. It's bad news for the working class and the same tired monetary policy that got us into this mess.

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New Left Radio
News and commentary from behind the front lines of late-stage capitalism
New Left Radio is bringing you news and commentary from behind the front lines of late-stage capitalism through daily coverage of current events, and weekly long-form interviews and debates with changemakers with a view from the Canadian left, five days a week.
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