Monetary Policy Archives - Crusoe 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

To the casual observer it may seem absurd to suggest that the recent run-up in both inflation and asset prices is primarily a

With the Bank of England recently serving notice to its commercial banking sector that negative interest rates could soon be on its way,

ABSTRACT This paper provides a general understanding of the process by which the Bank of Canada (BoC) creates money through large scale asset

Given the recent unprecedented actions taken by both the Government of Canada and the Bank of Canada in response to the pandemic, it