Quantitative Easing for the People -- Canada's Forgotten History

There is considerable evidence showing that very little of the Quantitative Easing (QE) money created by central banks in the 21st century has boosted the real economy, the economy that stimulates business growth and creates and maintains jobs. By contrast, there is a forgotten, 36 year QE Canadian model from the 20th century that did exactly that. This video compares the two approaches.

[bernardting]

Excellent analysis with history data background

[rodneydowd]

This video should’ve widely circulated

[sampellettieri]

All that said. Banks have capital requirements which limit how much money they can create. They have to put equity capital at risk against those loans and deposit liabilities. Government with unlimited money creation powers have a long long history of failure. Rome and France come to mind. That said she is somewhat right about Cantillon effects. A relatively fixed money supply is one solution. Chicago plan full reserve with Friedman k type rule might be good. The less political intervention and central bank manipulation is probably a great suggestion. Most recessions and financial catastrophe started from government and central bank activities

[tmoney-fhyh]

Hi. Just wondering what your background is. Also, in the secondary market the bank of Canada is advertising that the bonds purchased from the commercial banks is for reserve accounts to lend against. If you have concrete evidence that this is not the case would you provide it to me? Thanks.

[quytran-dtyv]

the sound is not good I am quite disappointed