“The job of the Central Bank is to worry.” Alice Rivlin We imagine that central bankers have endured many sleepless nights since the start of the pandemic. After all, even in the best of times, stewarding monetary policy to optimize growth, inflation, and employment is a difficult balancing act. Having to navigate the unchartered waters […]
“I’m not making any New Year’s resolutions. They just go in one year and out the other.” Jane Ace New Year’s resolutions. Every year we make ‘em. Every year we break ‘em. At least that’s how it goes for most of us, with an estimated 80% of resolutions going unfulfilled. Every January the diets begin, […]
“We become what we behold. We shape our tools and thereafter our tools shape us.” Marshall McLuhan For most of us, there are times when the cyclone of modern media can be overwhelming. The constant bombardment of facts, figures, and news can leave us feeling more confused than informed. This is the whirlpool Canadian philosopher […]
“Two roads diverged in a yellow wood…” Robert Frost With the exception of hockey and South Park, Canadians are rarely accused of being more aggressive than the Americans. We are, after all, the docile neighbours to the north, eh. But when it comes to post-pandemic monetary policy the gloves are off. Canadian central bankers have […]
Walk The Talk | February 2022
“Saying is a different thing from doing.” Michel de Montaigne First and foremost, our thoughts and sympathies are with the people of Ukraine and their families and friends across the world. We hope for a quick and peaceful resolution to this horrifying situation. Our parents taught us that actions speak louder than words. That ultimately, […]