Central banks, including the Bank of Canada have done an enormous amount of damage to the world economy with their idiotic policies. They helped create the massive asset bubbles that everyone wrings their hands about with artificially low interest rates. Instead of letting the market sort the winners from the losers during the Great Recession these geniuses decided that the solution to too much debt was more debt, flooding the world with cheap money, encouraging people to borrow more and more. Now the entire planet is swimming (drowning?) in debt and some people think we should give these unelected elites more economic power? I don't think so.