Helicopter money, Canadian-style joni Juli 26, 2016 Add Comment Bank of Canada, helicopter money Edit Proponents of helicopter money have been getting a lot of press lately, but I don't really get what all the excitement is about. I live ... Read More
Why hasn't Canadian Tire Money displaced the Canadian dollar? joni April 26, 2016 Add Comment Bank of Canada, David Andolfatto, legal restrictions hypothesis, medium of exchange, Nick Rowe, Stephen Williamson Edit Canadians will all know what Canadian Tire Money is, but American and overseas readers might not. Canadian Tire, one of Canada's larges... Read More
How many bullets does the Bank of Canada have left in its chamber? joni Agustus 12, 2015 Add Comment Bank of Canada, forward guidance, Miles Kimball, quantitative easing, zero lower bound Edit It's been a while since I blogged about Canadian monetary policy, but Luke Kawa's recent tweet on the topic of Canada's effectiv... Read More
On vacation since 2010 joni Desember 07, 2014 Add Comment Bank of Canada, deflation, inflation, natural interest rate, nominal interest rates Edit On a recent trip to Ottawa, I stopped by the Bank of Canada. The door was locked and the building empty. Odd, I thought, why would the Bank ... Read More
Why loonies circulate but Susan B. Anthony dollars don't joni Juni 08, 2014 Add Comment Bank of Canada, Bitcoin, cash, coins, Federal Reserve Edit What causes a new currency to survive while others fail? Why do some cryptocoins never see the light of day while others enjoy successful la... Read More