Comments by "Kenz300 x" (@KJSvitko) on "Bank of Canada strategy to tame inflation is out of date, says economist" video.

  1. The fed has no control over poor supply chains, the war in Ukraine, or virus lock downs in China and else where which are the primary reasons for inflation. Raising interest rates in the US and around the world and the run off of the balance sheet will reduce demand. Those other issues will need to sort themselves out over time.
    1
  2. Climate Change is making weather events more extreme. This will impact the worlds food supply. Floods, droughts, fires, excessive heat, snow storms and low water levels in reservoirs and in ground water storage are becoming more common. We must stop adding more fossil fuels to the climate fire. India, China, Brazil, Japan, US, Europe, Indonesia, Canada, Germany and Australia need to do more to reduce use of fossil fuels. They must stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy and electric vehicles. Fossil fuels are a bad investment for people and the planet. Investors are divesting from fossil fuels. ESG investing is growing. The cost of dealing with the impact of climate change will be greater than the cost of reducing the impact. The world population is expected to grow by another billion people. Where will the food come from ?
    1