Laurentian economics prof to speak on inflation at UN Conference

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Laurentian economics prof to speak on inflation at UN Conference
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‘It’s an honour to have received this invitation,’ said Louis-Philippe Rochon

It’s safe to say that most people feel the effects of increases to the cost of living. Whether it be the rising price of gasoline or groceries, when the inflation rate is high, we are all impacted.

“It’s an honour to have received this invitation and I’m very excited to be going to New York,” said Rochon, in a press release. “I’ll be speaking about inflation, especially the way that central banks respond to inflation — the way they respond to inflation by raising interest rates. It’s no secret that this has consequences.”

“There is a class bias, gender bias, and a carbon bias embedded in changing interest rates,” Rochon said. “And we have to ask ourselves, under what conditions is it appropriate to raise interest rates?... I argue that the fight against inflation is being fought on the backs of workers. Workers are the ones that pay the price.”

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