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Author Topic: [2015-11-13] BoC looks to innovate as conventional monetary policy...  (Read 164 times)
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November 13, 2015, 05:20:12 PM
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BoC looks to innovate as conventional monetary policy 'stretched to its limits'

"As we think about alternative futures, we have to envision a world in which people mostly use e-money, perhaps even one that's not denominated in a national currency, such as Bitcoin," Wilkins said.

"This would create a new dynamic in the global monetary order, one in which central banks would struggle to implement monetary policy."

http://www.vancouversun.com/business/looks+innovate+conventional+monetary+policy+stretched+limits/11514450/story.html?

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