The term “Slutty Money” refers to loose and easily available cash due to low interest rates and ongoing monetary stimulus in March 2011. This article examines how Canada’s Bank of Canada policies, particularly the Key Overnight Rate, impact inflation, household spending, and investments. With economic uncertainty, a slow return to normal interest rates is predicted, but nothing in the economy is truly predictable. The piece highlights concerns over inflation, export challenges, and the risks associated with an overly abundant money supply.
Keywords: Slutty Money, interest rates, inflation, Bank of Canada, economy, monetary policy, financial planning
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