Thank you very much, Mr. Chairman.
My question is, first, to Mr. Macdonald and then anyone else who wants to jump in.
After the 2008 financial crisis in the United States, massive quantitative easing effectively inflated asset values and represented a major wealth transfer to people who owned assets while effectively reducing the value of the wages that working class and impoverished Americans earned. Now we have this same quantitative easing in Canada, almost $400 billion of it.
Mr. Macdonald, do you believe the creation of all of this money is just going to again inflate the assets of the very wealthy and reduce the real value of the wages of the working class?
Anyone else can jump in if they want.