Why We Can’t Just ‘Stop Printing Money’ to Get Inflation Down
Publikováno: 17.4.2022
Jacqueline Best, Professor, School of Political Studies, the University of Ottawa.__________
With the Bank of Canada announcing an oversized interest rate hike this week, it might seem like central banks are coming to rescue us from inflation once again. Yet while they did play an important role in mitigating a COVID-induced recession, central banks don’t have the power to solve our inflation problem. ...
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