In the 1970s the Bank of Canada switched to monetarist money-supply targeting.
bank of canada
The higher-than-expected inflation of the late-1980s was one reason the bank switched to inflation targeting.
With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
Between 2000 and 2016, average mortgage interest rates fell by almost two-thirds.
From 2000 to 2014, the maximum mortgage for the average family grew by 126 per cent.
In countries whose currencies have risen against the U.S. dollar, there’s “flow-through deflation” as imports get cheaper.