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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Tag: Inflation
Do Banks “Spend” Reserves?
As regular readers are no doubt aware, I’ve often argued against the notion that QE operations conducted by the Bank of Canada are
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You’re Poorer Than You Think
Most people today have grown accustomed to the gradual yet persistent increase in the overall cost for goods and services, yet very few realize
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The Case for Gold
As central banks increasingly turn to Negative Interest Rate Policies (NIRP) in an effort to jump start global growth, investors have been quick
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Modern Monetary Theory in Canada
Modern Monetary Theory (MMT) is a controversial economic theory that has recently been garnering renewed support in Canada and many other developed countries
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