Don’t blame inflation on government or central bank – or expect them to fix it
after the stimulus. The policy was only enough to keep people on their feet while the pandemic cooled, and at best that’s what it did.
While intuitive, it obscures two critical and related points. First, the effects of raising the money supply take time to trickle into the price level and must go through certain channels that determine its effect on prices. When the central bank buys bonds, the money it pays gets injected into the economy through the private banks it purchases from.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion: Not even Trudeau and the Laurentian elite can wreck Canada DayOur most well-known symbol at home and abroad had already been demoted to the status of an ideological punching bag long before the “truckists” arrived in Ottawa with their bouncy castles, tailgate BBQs, and loud horns.
Read more »
Opinion: Canada’s access to information system is not ready for AIAs more federal institutions turn to AI to deliver services, accountability and transparency are proving elusive
Read more »
Opinion: Canadian governments are sacrificing quality for quantity in daycareCanada’s $10\u002Da\u002Dday childcare program is failing. Find out more.
Read more »
Opinion: Canadian governments are sacrificing quality for quantity in daycareOpinion: Canadian governments are sacrificing quality for quantity in daycare — via fpcomment
Read more »
Opinion: Canadian governments are sacrificing quality for quantity in daycareCanada’s $10\u002Da\u002Dday childcare program is failing. Find out more.
Read more »
Opinion: Home Owner Grant program 'badly needs reform,' former NDP finance minister saysThe program treats a couple earning $100,000 who has a huge mortgage and badly needs the grant the same as a couple earning $400,000 with no mortgage and really doesn’t need the tax break.
Read more »