Many people today believe that the creation of money “out of thin air” by central banks is one of the primary causes of
Continue reading
Tag: BoC
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
Continue reading
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,
Continue reading
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
Continue reading
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
Continue reading