that theory was debunked decades ago. inflation is caused by increases in capital inputs.
i would support lower interest rates in canada and the united states. but i guess i'll take advantage of higher interest rates if i can.
the bank just sent out a lengthy investor pamphlet encouraging account holders to invest in weapons. they use the orwellian term of "national defense", but they mean buying stocks in weapons manufacturers. there is a 0% chance i'm going to invest in any kind of guns or war spending. there is a 0% chance i'm going to invest in oil. but i need a medium term return and it doesn't look like i'm going to get it on renewables. i may put a little in hydro energy if i can find a good deal.
the most ethical and pragmatic investment decision in canada right now is probably bonds, unfortunately.