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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Tag: Government of Canada
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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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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On Inflation, QE, and Canada’s Fiscal Deficit
Given the recent unprecedented actions taken by both the Government of Canada and the Bank of Canada in response to the pandemic, it
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