this post was submitted on 12 Mar 2025
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Canada

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[–] Mongostein@lemmy.ca 1 points 23 hours ago (1 children)

Where can I read more about this?

[–] turnip@sh.itjust.works 1 points 21 hours ago* (last edited 21 hours ago)

We did QE during Covid, which as per the Phillips curve it increased wages due to a labor shortage, and we then did mass immigration to depress wages.

If you want to look at the Phillips curve, QE's effect on inflation, and a chart of Canada's population growth.