The Fiscal Frisk: Recent Episodes
Zach Hunter
Government policy plays a vital role in the economy and thus, your personal financial decisions. This podcast was made to deconstruct fiscal and monetary policies, and dive into leading research in the field. Take a journey with us, as we cover a new topic every episode.
In today’s episode, Zach and Devin look into two recent Ponzi schemes totaling over $500 million dollars in fraud.
References:
Fieldstadt, Elisha. “Actor Ran $227 Million Hollywood Ponzi Scheme, Feds Say.” NBCNews.com, NBCUniversal News Group, 7 Apr. 2021, www.nbcnews.com/news/us-news/actor-ran-227-million-hollywood-ponzi-scheme-feds-say-n1263272.
Moran, Nancy, and Shobhana Chandra. “Robert Mundell, Canadian-Born Nobel Laureate Who Inspired the Euro, Dies at 88.” Financialpost, Financial Post, 5 Apr. 2021, financialpost.com/news/economy/robert-mundell-nobel-laureate-who-inspired-the-euro-dies-at-88?r.
Press, Associated. “California Woman Receives 15-Year Sentence for Nearly $400M Ponzi Scheme.” Fox Business, Fox Business, 1 Apr. 2021, www.foxbusiness.com/lifestyle/california-woman-receives-15-year-sentence-for-nearly-400m-ponzi-scheme.
Email: Zacharyhunter@hotmail.com
Reference: Matt Lundy. (March 30, 2021 Tuesday). 'It's been a sprint': A new wave of business creation is taking hold; New business openings are back at prepandemic levels, a sign of budding confidence in the economy. Breaking News from globeandmail.com.https://advance-lexis-com.proxy1.lib.uwo.ca/api/document?collection=news&id=urn:contentItem:629Y-G0P1-JCRP-C09W-00000-00&context=1516831.
Email: Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin look at the differences in this years tax forms and what you should look for while filing your taxes this year.
Reference: Wheatley , Gillian, and Jacqueline Hansen. “Tax Q&A: What You Need to Know about Filing Your Pandemic Taxes.” CBC News, CBC, 22 Mar. 2021, www.cbc.ca/news/business/pandemic-taxes-questions-1.5953626.
Email:Zacharyhunter@hotmail.com
In today’s episode, Devin and Zach look at the latest labour force survey and talk about where the Canadian job market is after a year since the pandemic started.
Reference: Where Canada's job market stands one year after the pandemic began. (2021, March 12). Retrieved March 14, 2021, from https://www.cbc.ca/news/business/canada-job-market-1.5947032
Email: Zacharyhunter @hotmail.com
In today’s episode, Zach and Devin look at how tech start ups got investors from the natural resource sector.
Reference: Bakx, K. (2021, January 06). How tech startups try to win over investors who got rich from oil and gas | CBC News. Retrieved January 08, 2021, from https://www.cbc.ca/news/business/bakx-mark-little-jim-gray-liveweb-1.5862040
Email: Zacharyhunter@hotmail.com
In Today’s episode, Zach and Devin talk to a financial advisor about Know Your Client, investor protection and client relationships.
Email: Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin kick off season two by looking at third party delivery services in the restaurant sector.
Reference:
B.C. caps fees charged to restaurants by third-party delivery companies | CBC News. (2020, December 23). Retrieved January 03, 2021, from https://www.cbc.ca/news/canada/british-columbia/bc-third-party-delivery-restaurant-fees-capped-1.5852409
The pros and cons of third-party delivery services for franchise restaurants. (2019, June 04). Retrieved January 03, 2021, from https://www.bdo.ca/en-ca/insights/outsourcing/franchise-services/pros-cons-third-party-delivery-services-for-franchise-restaurants/
Email: Zacharyhunter@hotmail.com
For the season finale, Devin and Zach talk about the lessons they learned over the year and discuss some business hot takes.
Contact: Zacharyhunter@hotmail.com
In todays episode, Zach and Devin explore the new actions form the Canadian Government on taxing foreign buyers in the housing market.
Reference: Balakrishnan, Anita. Canada Planning Foreign Buyers Tax in Effort to Lower Country's Housing Prices. 1 Dec. 2020, globalnews.ca/news/7495490/canada-foreign-buyers-tax-affordable-housing/.
Email: Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin look at the debate on having a national securities regulator in Canada.
In today’s episode, Zach and Devin explore the RCEP trade deal.
Reference: Roe, L. (2020, November 17). World's biggest trade deal? Here's what you should know. Retrieved November 18, 2020, from https://theamericangenius.com/business-news/worlds-biggest-trade-deal-heres-what-you-need-to-know/
Email:Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin look into the details of the Topgolf Callaway merger.
Reference: Schafer, B. (2020, November 04). Will the Topgolf Merger Work for Callaway? Retrieved November 11, 2020, from https://www.fool.com/investing/2020/11/04/will-the-topgolf-merger-work-for-callaway/
5 Types of Company Mergers. (2018, January 17). Retrieved November 11, 2020, from https://archive.mbda.gov/news/blog/2012/04/5-types-company-mergers.html
Email:Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin look at how small-businesses were impacted because of the pandemic and the lessons to take away from this change.
Reference: Bakx, K. (2020, October 31). 7 business owners share lessons they've learned through success and hardship during the pandemic | CBC News. Retrieved November 04, 2020, from https://www.cbc.ca/news/business/small-biz-lessons-1.5784010
Email:Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin look at the press release by the Bank of Canada about interest rates in the long-term.
Reference: Bank of Canada holds interest rate steady; to pare back and lengthen its asset purchases. (2020, October 28). Retrieved October 28, 2020, from https://nationalpost.com/pmn/news-pmn/bank-of-canada-holds-interest-rate-steady-to-pare-back-and-lengthen-its-asset-purchases
Hagan, S. (2020, October 28). Bank of Canada Pares Back Bond Purchases, Shifts to Long End. Retrieved October 28, 2020, from https://www.bloomberg.com/news/articles/2020-10-28/bank-of-canada-pares-back-bond-purchases-shifts-to-long-end
Email: Zacharyhunter@hotmail.com
In today’s episode, Devin and Zach explore how inflation numbers are being distorted by COIVD-19.
Reference: Pittis, D. (2020, October 19). Investors and consumers may be making bad decisions if CPI is off track | CBC News. Retrieved October 20, 2020, from https://www.cbc.ca/news/business/inflation-spending-cpi-covid-19-1.5765625
Email: Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin explore the difference public and private pensions.
Citation:
Willmore, L., & Bertucci, G. (1998, December). Public Versus Private Provision of Pensions [PDF]. New York: United Nations.
Email:
Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin explore how stock markets are still rising during an economic contraction.
Reference:
Armstrong, P. (2020, September 25). Rising share prices amid COVID-19 a reminder that the stock market is not the economy | CBC News. Retrieved September 27, 2020, from https://www.cbc.ca/news/business/stock-markets-economy-covid-19-1.5736696
Email:
Zacharyhunter@hotmail.com
Today Devin and Zach look at the setbacks of over-diversifying your investments.
Citation: Beers, B. (2020, August 29). The Dangers Of Over-Diversifying Your Portfolio. Retrieved September 20, 2020, from https://www.investopedia.com/investing/dangers-over-diversifying-your-portfolio/
Email:Zacharyhunter@hotmail.com
Today, Devin and Zach talk about the problems with printing money and how it effects the economy.
Citation: Pettinger, T. (2020, May 21). The problem with printing money. Retrieved September 14, 2020, from https://www.economicshelp.org/blog/634/economics/the-problem-with-printing-money/
Email: Zacharyhunter@hotmail.com
Today Devin and Zach look at the importance for investing in the agriculture technology sector in Canada.
Citation: O’Connor, S. (2020, September 01). Opinion: Canada needs to move faster on agricultural technology investment. Retrieved September 05, 2020, from https://www.theglobeandmail.com/business/commentary/article-canada-needs-to-move-faster-on-agricultural-technology-investment/
Contact: Zacharyhunter@hotmail.com
Today Devin and Zach look at how the pandemic has affected women in the job force in Canada.
Citation:
Bochove, D., Balji, D., & Sambo, P. (2020, September 02). Covid-19 Is Setting Canadian Women in Finance Back by Decades. Retrieved September 02, 2020, from https://www.bloomberg.com/news/articles/2020-09-02/covid-19-is-setting-canadian-women-in-finance-back-by-decades
Contact:
Zacharyhunter@hotmail.com
Today Devin and Zach talk about pyramid schemes and the difference between multi-level marketing and the illegal pyramid scheme.
Sources: Roos, D. (2008, September 25). How Pyramid Schemes Work. Retrieved August 26, 2020, from https://money.howstuffworks.com/pyramid-scheme2.htm
Nessel, D. (n.d.). Multi-Level Marketing or Illegal Pyramid Scheme? Retrieved August 26, 2020, from https://www.michigan.gov/ag/0,4534,7-359-81903_20942-208400--,00.html
Contact: Zacharyhunter@hotmail.com
In today’s episode, Zach and Devin explore the costs of professional sports leagues resuming and the implication is has on its fans.
Reference: COVID-19: The business of sports resumes amid coronavirus, but at what cost? (2020, August 14). Retrieved August 14, 2020, from https://www.baytoday.ca/around-ontario/covid-19-the-business-of-sports-resumes-amid-coronavirus-but-at-what-cost-2602082
Contact: zacharyhunter@hotmail.com
Today, Zach and Devin explore the possibility of entering a cashless society.
Reference:
Osborne, C. (2020, June 25). Coronavirus and a cashless society: We can't leave the most vulnerable behind. Retrieved July 20, 2020, from https://www.zdnet.com/article/coronavirus-and-a-cashless-society-its-time-to-take-our-foot-off-the-gas/
Contact:
Zacharyhunter@hotmail.com
On todays episode, Devin quizzes Zach on his experience graduating in the era of Covid. Listen now to hear Zach's story, as well as some valuable discussion topics.
Zach and Devin explore Wall Street experts' opinions about inflation and what the world economy will look like post-pandemic.
Reference:
Ainger, J. (2020, June 28). The Inflation Debate Is Returning to Markets Flush With Cash. Retrieved July 01, 2020, from https://www.bloomberg.com/news/articles/2020-06-28/the-future-of-inflation-is-the-biggest-question-in-finance
Contact:
Zacharyhunter@hotmail.com
Zach and Devin look at the role of exchange rates in implementing monetary policy.
Reference:
Taylor, John B. "The role of the exchange rate in monetary-policy rules." American Economic Review 91, no. 2 (2001): 263-267.
Contact:
Zacharyhunter@hotmail.com
Zach and Devin look at the great recession and the impacts of increased social spending.
Reference:
Prasad, N., & Gerecke, M. (2010). Social Security Spending in Times of Crisis. Global Social Policy, 10(2), 218–247. https://doi.org/10.1177/1468018110366627
Contact:
Zacharyhunter@hotmail.com
Zach and Devin explore the tax system in Canada specifically looking into whether the rich pay their share of taxes.
Reference:
Lammam, Charles, Hugh MacIntyre, and Milagros Palacios. “Measuring the Distribution of Taxes in Canada: Do the Rich Pay Their ‘Fair Share’?” Fraser Institute, n.d. https://www.fraserinstitute.org/sites/default/files/measuring-the-distribution-of-taxes-in-canada.pdf.
Contact:
Zacharyhunter@hotmail.com
Adding onto last episode, Zach and Devin look at the Public Sector in Canada and if it is a driver or hinders economic growth.
Reference:
DESROCHERS, FRANÇOIS, and BERTRAND SCHEPPER. “The Public Services: an Important Driver of Canada's Economy.” IRIS, September 2019.
Contact:
Zacharyhunter@hotmail.com
Today, Zach and Devin explore the pros and cons of public sector employment and how it effects the economy.
Reference:
Saminather, Nichola. “Canadian Banks Expected to Tighten Home Equity Line of Credit Access as Aid Measures Wind Down.” Financial Post, 29 Apr. 2020, business.financialpost.com/real-estate/mortgages/canadian-banks-expected-to-tighten-home-equity-access-as-aid-measures-wind-down.
Contact:
Zacharyhunter@hotmail.com
Zach and Devin look at how tighter banking regulations regarding Home Equity Line Of Credits might impact the Canadian housing market.
Reference:
Saminather, Nichola. “Canadian Banks Expected to Tighten Home Equity Line of Credit Access as Aid Measures Wind Down.” Financial Post, April 29, 2020. https://business.financialpost.com/real-estate/mortgages/canadian-banks-expected-to-tighten-home-equity-access-as-aid-measures-wind-down.
Contact:
Zacharyhunter@hotmail.com
In today’s episode Zach and Devin look at how the current global pandemic has affected the Canadian economy and the implications on fiscal/monetary policy in the future.
references:
Lewis, Michael. “Canadian Economy to Take Massive Hit from COVID-19 and Oil - Will See Largest Contraction since 1921.” The Star, April 14, 2020. https://www.thestar.com/business/2020/04/14/canadian-economy-to-take-massive-hit-from-covid-19-and-oil-will-see-largest-contraction-since-1921.html.
Leblond, Patrick. “Paying for the Pandemic: Why the Government's Massive Coronavirus Spending May Not Lead to Higher Taxes.” The Conversation, May 7, 2020. https://theconversation.com/paying-for-the-pandemic-why-the-governments-massive-coronavirus-spending-may-not-lead-to-higher-taxes-137862.
contact:
zacharyhunter@hotmail.com
After the financial crisis of 2008, people questioned the legitimacy of inflation targeting by central banks. Come listen to empirical research on whether inflation targeting is an effective tool in monetary policy.
reference:
Monadjemi, Mehdi. (2014). Post Inflation Targeting Monetary Policy: A Study of Britain, Japan and the United States. Expert journal of Economics. 2. 21-29.
contact:
zacharyhunter@hotmail.com
In today’s episode, we dive into a paper that examines the role of fiscal policy in economic growth of advanced and emerging economies from 2001 to 2015. Is there a relationship between government spending and economic growth? Listen to find out!
Reference:
Pasichnyi, Mykola. (2017). Empirical study of the fiscal policy impact on economic growth. Problems and Perspectives in Management. 15. 316-322. 10.21511/ppm.15(3-2).2017.01.
contact:
Zacharyhunter@hotmail.com
This episode will cover the basics of fiscal and monetary policy. This field has lots of technical jargon that we will define here. This episode will loosely follow the article referenced below.
Pettinger, Tejvan, Ralph Musgrave, and Rowan McDade. “Difference between Monetary and Fiscal Policy.” Economics Help, April 7, 2020. https://www.economicshelp.org/blog/1850/economics/difference-between-monetary-and-fiscal-policy/.
For suggestions or comments contact:
zacharyhunter@hotmail.com
This episode will introduce your hosts, talk about format, and explain what we do here!
Thanks and enjoy.