Friday, May 13, 2022

 A former Canadian central banker got particularly salty in a recent interview when asked about Conservative leadership candidate Pierre Poilievre’s assertion that the Bank of Canada is “financially illiterate.” “That’s bulls—t,” former Bank of Canada governor David Dodge told CTV’s Evan Solomon. Dodge added that “they understand what’s going on.” Poilievre has been a harsh critic of Bank of Canada quantitative easing policies, saying they’ve worsened inflation while incentivizing the Liberals to blow out the debt. In the same comments where he accused the Bank of Canada of financial illiteracy, Poilievre said they “promised we’d have ‘deflation’ right before inflation hit a 30-year high.”


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