Discover and read the best of Twitter Threads about #youaskedus
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#YouAskedUs if we printed cash to finance the federal gov’t.
We didn't.
👇 Keep reading to learn how we supported the economy from the shock of the pandemic. #CdnEcon #AskTheBoC
1/6
We didn't.
👇 Keep reading to learn how we supported the economy from the shock of the pandemic. #CdnEcon #AskTheBoC
1/6
The pandemic has been a crisis like no other.
As a result, we took various measures, like buying bonds, to support and ensure a strong and stable #economy.
2/6
As a result, we took various measures, like buying bonds, to support and ensure a strong and stable #economy.
2/6
We bought existing gov't bonds from banks on the open market.
Why?
This helped unblock frozen markets at the start of the #pandemic.
It let households, companies and governments access funding when they really needed it.
3/6
Why?
This helped unblock frozen markets at the start of the #pandemic.
It let households, companies and governments access funding when they really needed it.
3/6
