#bankofcanada #canadianinflation #canadianeconomy
Canada’s inflation rate was exacerbated by the Bank of Canada’s increase in the money supply (and is reversing on its decrease) according to a new report coming from TD Bank.
Too Much Money Can Exacerbate Inflation:
https://economics.td.com/ca-too-much-money-exacerbate-inflation
BOC Governor Says Canada Will Lean On Real Estate Because “We Need The Growth”:
Canada’s Money Supply Is Growing At The Fastest Rate In Over 30 Years:
https://betterdwelling.com/canadas-money-supply-is-growing-at-the-fastest-rate-in-over-30-years/
Bank of Canada assets and liabilities: Weekly (formerly B2):
No need to worry about a deficit when the government can print money, say some economists:
Inflation – The Economic Lowdown Video Series:
https://www.stlouisfed.org/education/economic-lowdown-video-series/episode-9-inflation
hyperinflation in the Weimar Republic:
https://www.britannica.com/event/hyperinflation-in-the-Weimar-Republic
Counterfeiting, Coin Clipping And The Great Recoinage of 1696:
https://britanniacoincompany.com/blog/coin-clipping-the-great-recoinage-of-1696/
Clipped Roman Coins and Shrunken Coke Cans:
https://www.huffpost.com/entry/clipped-roman-coins-and-s_b_114902
Monetary aggregates:
https://www.bankofcanada.ca/rates/indicators/key-variables/monetary-aggregates/
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation):
Wednesday Level:
https://fred.stlouisfed.org/series/WALCL
Krugman Wonks Out: What We Talk About When We Talk About Money:
https://www.nytimes.com/2021/05/21/opinion/money-federal-reserve-deficit.html
M2: https://fred.stlouisfed.org/series/WM2NS
Consumer Price Index: All Items: Total: Total for Canada:
https://fred.stlouisfed.org/series/CPALTT01CAM659N
Bank of Canada sees interest rates on hold into 2023:
https://www.bnnbloomberg.ca/bank-of-canada-keeps-key-interest-rate-on-hold-1.1514208
One-quarter of mortgage-holders reportedly struggling to make monthly payments:
Canada gains more jobs than expected in August, wage growth accelerates:
Posthaste: How higher oil prices could fuel another Bank of Canada interest rate hike:
https://financialpost.com/news/higher-oil-prices-could-equal-higher-interest-rates
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