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A Power Unto Itself

A Power Unto Itself reveals how the Bank of Canada has contributed to economic chaos in Canada. It examines:

  • How governors of the Bank of Canada have brought the country to ruin by fighting inflation at the cost of jobs.
  • How the federal government has supported this reckless and counterproductive course, resulting in a made-in-Canada recession of stunning magnitude.

William Krehm also highlights solutions that are easily within our grasp, showing:

  • How the Bank, under a previous governor, financed Canada’s war effort in imaginative and virtually risk-free ways, encouraging sustained postwar prosperity.
  • How these proven remedies would combat our mounting deficits and crushing unemployment rates.
  • How the Bank could assist provincial governments in acheiving economic renewal.