Alex speaks with Danny Leroy about inflation in Canada, with a focus on the rising price of groceries. Danny explains how monetary expansion and government policies have driven up grocery prices and other costs, emphasizing the role of the Bank of Canada in creating money and the cascading effects this has on different sectors of the economy. Danny and Alex then discuss potential policy changes to address rising costs and improve the purchasing power of Canadians.

References

1. Danny Leroy's PublicationsLink: https://scholar.ulethbridge.ca/dannyleroy/publications 

2. "The Constitution of Liberty" by Friedrich HayekLink: https://www.amazon.ca/Constitution-Liberty-Friedrich-Hayek/dp/0226320847 

3. Milton Friedman on Greed (Donahue Show, 1979)Link: https://www.youtube.com/watch?v=RWsx1X8PV_A

4. Statistics Canada Data on Grocery PricesLink: https://www.statcan.gc.ca/en/topics-start/food-price 

5. "Prices and Production" by Friedrich HayekLink: https://a.co/d/igCpqFX 

6. Austrian Economics and the Boom-Bust CycleLink: https://yipinstitute.org/article/boom-or-bust-the-austrian-theory-of-the-business-cycle 

7. "The Road to Serfdom" by Friedrich HayekLink: https://www.amazon.ca/Road-Serfdom-Friedrich-Hayek/dp/0226320553

Thanks to our patrons including: Amy Willis, Kris Rondolo, and Christopher McDonald.To become a patron, go to patreon.com/curioustask