Sentences with phrase «ordinary public banks»

Not exact matches

But Krugman tells us that ordinary OMOs will only fail if they are perceived to be temporary — if the public doesn't believe central bank promises to make the monetary injections permanent.

Although I don't pretend to understand all the «ins & outs» of banking, public financing, etc., it seems to me to be self - evident that if Canadian governments at all levels were able to borrow, at low or preferably no interest rates, to finance infrastructure projects and other issues such as health care and education, rather than indebting Canadians in perpetuity in order to pay big interest payments to the greedy Big Banks, it would ultimately be in the best interests of most ordinary Canadians.