Bank of Canada Considers Following the US Example of Printing Money



August 26, 2009

Globe and Mail, August 26, 2009 – By Kevin Carmichael: …. Mr. Lane then upped the ante by signalling that the loonie’s current trajectory could force the Bank of Canada to join the U.S. Federal Reserve, the Bank of England and other central banks in the business of creating money to buy government debt, an extreme tool of monetary policy called quantitative easing. [Read the whole article, and some of the comments below it, by clicking here.]

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