Bernanke chose to pay interest on bank reserves, which caused banks to hold onto reserves rather than lend them out.
Central Bank Forays Into Unconventional Monetary Policies: Explanation, Assessment, and Implications
The Bank of Canada's “easy” policies help explain the current pain at the pumps.
Central banks may direct chartered banks to increase lending to borrowers from underrepresented communities.
Most plainly, the show tells us about the dangers of unchecked power.
After her presentation to the Economic Club in Toronto Monday, Julie Dickson, the Superintendent of Financial Institutions, faced one key issue in questions from the audience: Do bank regulatory reforms in foreign jurisdictions extend beyond that called for in international forums such as the Basel Committee and Financial Stability Board?