Are Canadian Banks Setting the Country’s Interest Rate Policy?

October 17, 2009

When it comes to economic policy, many people believe that big business – particularly the large banks – have an undue influence that they manage to wield to their advantage. One need only google “Goldman Sachs Conspiracy” to read all about the supposed “shadow government” controlled by the venerable investment firm. Nevertheless, events transpiring in Canada this week hint that even the country credited with having the world’s “best” banking system, may also have its share of power brokers calling the shots behind the scenes.

Read the article here.

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