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INterest Rates? Inflation?
Would some one mind telling me how in hell raising the interest rate will curb inflation? One would think the opposite more money that people would spend the lower the price would be but i guess not
The inflation rate in Canada hasnt changed much yet the interest rate has been raised 3 times in the last year to curb inflation. This really sucks when you are wanting to get a mortgage in about 6 months from now
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