Intelligence Memos
From: David Laidler
To: Central Bank Observers
Date: December 10, 2021
Re: Freeing the Bank of Canada from its Own Trap
It was 50 years ago that I first heard the gibe that “…
Op-Ed
Inflation has risen to almost five per cent and the year-end deadline for the federal government and the Bank of Canada to announce a new monetary policy framework is barely three weeks away. Should…
Op-Ed
I first heard the gibe that “central bankers think inflation is always and everywhere a monetary phenomenon – except this time, of course” more than 50 years ago, but it is still as good as new.…