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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Tag: BoC
How to Bake a Hot Potato (Bank of Canada Edition)
With the Bank of England recently serving notice to its commercial banking sector that negative interest rates could soon be on its way,
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The Bank of Canada’s Big Nothingburger
There’s been a lot of commotion as of late over the rapid pace of the Bank of Canada’s current bond buying program, with concern mounting
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How the Bank of Canada Funds Government Spending
Critics of the Bank of Canada have been out in full force as of late, arguing that through Bank of Canada purchases of Government of
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How the Bank of Canada Creates Money
ABSTRACT This paper provides a general understanding of the process by which the Bank of Canada (BoC) creates money through large scale asset
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