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How to Protect Yourself From Inflation

Build Wealth Canada Podcast

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Inflation Is on the Rise

Inflation is like the weather outside, interest rates are like the thermostat in your home. The Bank of Canada can't directly control inflation but they can control interest rates. When you're increasing interest rates, borrowing money becomes more and more expensive. Kevin O'Neill: I think if anybody didn't see this coming a year and a half ago, with the amount of printing of money that was being done for two years, we had to see something like this happening.

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