Q&A #63
Who else, other than Mr. Milkshake? Does the government create ‘broad’ money and does that create inflation? Since there is no perfect money, what’s in the Bank of Canada’s twitter? Should we watch spot FX turning and settling in central bank reserves? Are QEs effectively limited by what they can purchase? Might the Fed or maybe Treasury bypass broken banks to inflate? Is there really a concern about the hundreds of trillions in notional derivatives? If so, is the media hyping the wrong one?
