“Redistribution of wealth” has become a popular phrase in conservative circles lately. One way of looking at it might be through the lens of monetary policy. Governments around the world often weaken and strengthen their currencies due to trade imbalances, geopolitical environment, and the like. Brazil has implemented capital controls in recent years to tamp down the flow of "hot money" into its economy in an attempt to stave off inflation, while the Swiss National Bank has put a lid on the franc to quell deflation fears. The Canadian people should pay close attention to their central bank, so that they don’t fall victim to what we in America are going through.
