The Canadian Central Bankster appears to like the concept of QE to Shareholders, especially if companies do not plan on spending their hoards of cash.
Bank of Canada governor Mark Carney says companies sitting on piles of cash need to give it back to shareholders or spend it on expanding their businesses. He says holding on to cash only amounts to “dead money.” Carney told a Canadian Auto Workers union gathering that companies should give cash back to their shareholders if they can’t come up with a better plan.
Could this be considered some form of QE to the people ?!