Interest Rate Hovers July 2009
Remember when interest rates were set to 0.25% and we thought it was a temporary thing? Yeh, good times.
Interest rates set by the bank of Canada
Remember when interest rates were set to 0.25% and we thought it was a temporary thing? Yeh, good times.
Celebrity deaths of Ed McMahon, Farrah Fawcett and Michael Jackson cause us to rethink the impact of celebs on the economy. Michael James points out the Grocery Bag Lessons in Economic Incentives, so what does the summer hold for the Michael Jackson recovery?
Stats Canada published their May 2009 numbers and they were up but only 0.1% over the previous twelve months, which is good to see (for those of us who worry about inflation). Â This means that… Read More »Consumer Price Index for May 2009: Nudges Up
The economic stimulation that cheap interest rates have set up, has now trapped governments into keeping rates low for fear of causing cataclismic failures. This has been going on since 2009?
This is from the glory days of 2009 during the great financial crisis, which seems similar to the Pandemic Response of 2020. The bank of Canada took the last step before making money absolutely free… Read More »0.25 % Interest Rates, Holy Cow!!!!