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Register at Bloomberg Live.com slash Canadian Finance slash radio. Hello and welcome to another episodeies and I'm Joe Wies and I'm Joe Wiesh and I'm Joe Wieshintall.

So Joe we like talking about money don't we?

We do the the nature talking about the money,

the the nature of money, the origin of money, where it comes from, how we talk about the language of money,

it's I would say for both of us, one of our favorite topics.

Yeah, although I think for you, your eyes sort of light up whenever we say we're going to do a money episode, but I have good news for you. This is one of those

episodes. That's great news because you're right. I do light up and I think that

you know it's always sort of interesting this topic but there are times when it could feel

anthropological where it's like you know oh that's interesting you know okay but I actually think that it's particularly important now because the

sort of the nature of the policies that we choose that the governments choose around the

world well I think in many cases be informed so to speak by very real

conceptions of like what money is and what you can do it.

Oh absolutely the way you think money actually works and is in fact created is going to inform a lot of what you do as a central bank.

So you know for instance right now a lot of central banks are trying to lend to

various businesses and parts of the economy to enable them to get through the

coronavirus containment efforts and that usually entails some form of money creation.

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