Navigating Inflation and Debt Challenges

This chapter explores the dual challenges central bankers face with rising inflation and housing market pressures, employing humorous analogies to illustrate their strategies. It discusses the complexities of debt management in Canada and the U.S., including impending bond renewals and the implications for government financial health. The conversation also touches on global economic interconnectedness, interest rate anticipation, and the potential role of central bank digital currencies in shaping future monetary landscapes.