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Let's speak about interest rates! In this video we'll cover how rate of interest work, how rates of interest impact inflation and the economy! I'll aim to describe everything you need to understand about rate of interest in Canada & the US. We'll discuss how the Bank of Canada utilizes interest rates to effect inflation. As well as how the rate hikes/increases might lead us into an economic crisis!

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Disclaimer: The views and opinions shared on this channel are for informative and educational purposes only. Although previously accredited, the contributors are no longer industry participants and are not accredited to supply monetary guidance. They strive to supply you with instructional information in an amusing way. Always do your own research and due diligence prior to investing. Normally speaking, you must seek advice from a licensed financial investment expert before investing.

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