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Chicowski
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reminder!
'Raising rates does not fix $120 oil': James Thorne
James Thorne, chief market strategist with Wellington-Altus Private Wealth, joins BNN Bloomberg to assess the central banks' rate hike path. He says aggressive rate hikes will not solve inflation and will only exacerbate a slowing economy.
www.bnnbloomberg.ca
8.6% inflation is such a joke because oil prices are capped out atm, they can only move down. If they move up it forcefully crashes the economy and oil crashes anyways! Powell / fed reserve are high iq and know what theyre doing. Current rate hikes are posturing for low iq voter sentiment opinion