Quote:
Originally Posted by burn_this_city
Raising interest rates is the most reliable mechanism for stopping elevated inflation.
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But it isn't 100% of the mechanism available to ease inflation.
Rail shortages as an example drive inflation. I know many, many companies in my industry who have multiple rail cars sitting for weeks & months longer than normal at Symington in Winnipeg. With grain shipments starting up, this will now get even worse.
At the same time CP & CN are telling everyone 'we have no issue meeting demand' which of course anyone who ships via rails knows is a load of crap.
All of that drives inflation.