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Home | Mises Library | The Bank of Canada's Failed Mission to "Preserve the Value of Money"

The Bank of Canada's Failed Mission to "Preserve the Value of Money"

Audio Mises Wire

Tags Money and Banks

12/13/2021Lee Friday

The Bank of Canada's stated mission is "to preserve the value of money by keeping inflation low and stable." Yet, the BOC works to inflate away the value of Canadians' purchasing power every single day.

Original Article: "The Bank of Canada's Failed Mission to 'Preserve the Value of Money'"

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Author:

Lee Friday

Following a 23-year career in the Canadian financial industry, Lee Friday has spent many years studying economics, politics, and social issues. He operates a news site at www.LondonNews1.com

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Original Article: 
The Bank of Canada's Failed Mission to "Preserve the Value of Money"