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AI Cannot Be Slowed Down - With Ramy Taraboulsi And Kirk Spano

Investing Experts

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The Perfect Storm That Caused Inflation

I did some calculations and I found out that the inflation rate in Canada should be around 15 to 20%. We're experiencing 6% right now. Why? Because we're experiencing a huge amount of productivity gains. And measuring productivity is almost impossible. You cannot measure it. It's not measurable. But we're seeing that happening just before based on simple calculations, Kirk. The problem that we did not have, that we are facing inflation is the perfect storm that happened during COVID. Supply chain management that has happened, the increase of the prices, the Russian war, the lockdown in China, all these things happening and said that was the perfect storm. That's what resulted in inflation. Otherwise

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