Tuesday, March 31, 2020

The Canadian parliament’s explanation of how a central bank can create money for its government

The Library of the Canadian Parliament issued a document in 2015 explaining how the Bank of Canada (that country’s central bank) created money for the Canadian federal government. Since most people doubt this even happens it seems well worthwhile sharing this document to record, firstly that there is nothing odd about this, and second that […]

source https://thebtrader.com/2020/03/31/the-canadian-parliaments-explanation-of-how-a-central-bank-can-create-money-for-its-government/?utm_source=rss&utm_medium=rss&utm_campaign=the-canadian-parliaments-explanation-of-how-a-central-bank-can-create-money-for-its-government

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