The point of this article is to describe, with a few basic examples, how QE does (and does not) create money in Canada.
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Category: Economics
How Governments Cause Inflation
Many people today believe that the creation of money “out of thin air” by central banks is one of the primary causes of
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Where Does Money Come From?
As the generally-accepted medium of exchange, money is unquestionably the most widely traded commodity on earth, comprising exactly one-half of every transaction in
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Inflation, Asset Prices, and the Policy Mechanism, Explained
To the casual observer it may seem absurd to suggest that the recent run-up in both inflation and asset prices is primarily a
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Asset Allocation, Canadian-Style
Household net worth changes over the years, and with it the distribution of assets that make up household net worth. From year-to-year long-term
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