Wednesday 27 May 2020

Inflation remote risk compared with Bank of Canada’s bigger worry — depression-inducing mix of deflation and debt

Inflation remote risk compared with Bank of Canada’s bigger worry — depression-inducing mix of deflation and debt

Theory states that a big increase in the money supply will result in runaway prices, and there are those who are adamant that the hundreds of billions of dollars the Bank of Canada intends to create over the next year can only end in a rerun of the 1970s.
Read more: https://business.financialpost.com/news/economy/inflation-remote-risk-compared-with-bank-of-canadas-bigger-worry-depression-inducing-mix-of-deflation-and-debt?source=Snapzu

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