Doug is joined by special guest Canadian economist and author, Jeff Rubin. Jeff discusses his latest book A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever. They discuss inflation, sanctions and their impact on Canadian wages and employment. The conversation also touches on the Bank of Canada, bond yields, mortgages, interest rates, international trade, and the potential for a recession soon and closes with practical advice for Canadians.

Time Stamps:

00:00 Introduction

03:45 Inflation

10:47 What does the central bank do to make inflation higher or lower?

19:33 Mortgages and Interest rates

24:15 Are we in a recession now?

26:07 Credit card debt

27:37 Predictions for the future of Canada's economy

Related Links:

A Map of the New Normal: How Inflation, War, and Sanctions Will Change Your World Forever by Jeff Rubin on Amazon https://amzn.to/4a5dSQI

The Expendables - How the Middle Class Got Screwed by Globalization by Jeff Rubin on Amazon

https://amzn.to/3UKTorM

Globalization, Inequality and Debt with Jeff Rubin – Episode 317 https://www.youtube.com/watch?v=-4vvcQqFuxU

Jeff Rubin X https://twitter.com/JeffRubin

507 – Higher Interest Rates and Stubborn Inflation - Are They Here to Stay? With Jeff Rubin