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A comment on Bank of Canada increases overnight rate target to 1 per cent. Parent comment

Re:Bank of Canada increases overnight rate target to 1 per cent by mempko on Wednesday September 06, 2017 @10:07PM (#15188646)
QE didn't increase money supply. The reason we had recovery at all was Obama running huge budget deficits.
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Re:Bank of Canada increases overnight rate target to 1 per cent by shrewduser on Wednesday September 06, 2017 @10:22PM (#15188701)
QE does increase money supply by definition
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Re:Bank of Canada increases overnight rate target to 1 per cent by mempko on Sunday September 10, 2017 @10:04PM (#15215410)
No, fed bought bonds. That's like moving money from your savings to your checking account. In fact it likely decreased money supply because more money would have been created if bonds were held longer.
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