Hard Money, Hard Times : Why Zero Inflation Hurts Canadians

Eight leading economists discuss the recent history of monetary policy and its effects on the economy. Rejecting the Bank's high-interest, hard-money approach, this revised edition explains the benefits of a more moderate strategy. Contents: 1 A Brief History of Government Borrowing in Canada 2 The Canadian Fiscal Problem 3 Four Decades of Deficits and Debt 4 Recent Canadian Monetary Policy 5 The Debt and Canada's Social Programs 6 Some Myths about Monetary Policy 7 Social Policy, Macro Policy and the Debt 8 Business Cycles and Economic Growth 9 Credibility MountainFortin, Pierre is the author of 'Hard Money, Hard Times : Why Zero Inflation Hurts Canadians', published 1998 under ISBN 9781550286137 and ISBN 1550286137.