Commemorative coins of Canada note issued by the Bank of Canada and the Voyageur dollar. For the list of commemorative one dollar coins issued by the Mint since 1987, see: Loonie. The fifty cent coin has borne the Canadian coat of arms on its reverse since the current coin designs were introduced in 1937. There were minor changes to the design of the arms in 1959, when the depiction of the arms was simplified. As well, the Queen suggested that the Tudor crown on the arms be replaced with the crown of St Edward the Confessor. Although a circulating coin, the fifty-cent coin is
Trillion dollar coin QE creates is only temporary, then they will not expect rapid inflation in the near future. These expectations collectively influence actual pricing behavior and, in turn, actual inflation." The Federal Reserve could ensure that commercial banks do not lend out excess reserves by paying interest on their reserves at the Fed so that the return commercial banks receive on them is greater than they could receive from alternative uses. Finally, in the case of the coin, the Federal Reserve could also sterilize the government's spending of the coin by selling other assets from its balance sheet on a dollar-for-dollar basis,