Money is necessary for the citizens to get paid, and to buy things. Think of money as being the same as roads or bridges. We need roads and bridges in order to go places. Money is the same. Money IS the road and the bridge of the economy. Money is part of the infrastructure. Money is the road that everyone must use to buy and sell. Money is the bridge that connects us economically. It's a tool for the public good.
Canada argued successfully in NAFTA negotiations that some areas of our economy were critical to our national best interests. US and Europe have also set precedence in protecting certain sectors of their economy. As we enter into negotiations with Europe or anyone else for that matter where we trade off off our public monetary policy and control like a cheap suit in favour of private banks is one of the most despicable acts this government has done in decades.
The Bank of Canada is not a metaphorical solution to saving Canadians from perpetual debt. It is a real and practical solution that can be achieved overnight by using our national bank as it was intended: interest-free loans for infrastructure and government spending.
I added a link to this video in the thread on "Some Monetary System articles" on the English discussion forum of the Marijuana Party of Canada, as well as to our article which collects links to good videos about the monetary system. However, from a practical point of view, the situation is practically hopeless, and is surely going to continue to get worse faster. 99% of us pay for no politics, while 1% of us pay for almost all politics. 99.7% of the political tax credit potential is never used.
Thank you! I recognize a free thinker when one makes logical arguments that are not sourced from the mainstream media :) I've been making those arguments for years! Keep at it fellow patriot
Why would I think twice before sharing this video? What exactly does it mean "it's unlisted"? I'm from Argentina and the video is not subtitled in Spanish yet but I've already shared it with my friends from the English speaking countries. This man is telling the truth and everybody should have the right to listen to him.
0:40 Gvt could create the money it spends, not borrow from banks. Jct: not letting banks create it and borrowing at interest! This says Gvt borrows banks’ savings so no inflation. All believe Gvt creating new money would cause inflation! His case is immediately dismissed because he forgot to say banks create it before Gvt borrows it. 2:00 Money-creating function shared by gvt and private banks. Jct: Finally, but too late to counter the previous cognitive dissonance. The rest is good.
not to be disrespectful, but where the hell were you 20 years ago when some of us were screaming at the tops of our lungs, and our backs were not against the wall yet?
Thank you for this information sir.
Thank you Mr. Hellyer for making this video and explaining how it works.
A voice of reason.
What a real human being! And a real hero. :-)
The best of the best.
Money is necessary for the citizens to get paid, and to buy things. Think of money as being the same as roads or bridges. We need roads and bridges in order to go places. Money is the same. Money IS the road and the bridge of the economy. Money is part of the infrastructure. Money is the road that everyone must use to buy and sell. Money is the bridge that connects us economically. It's a tool for the public good.
Wish I could like this ten times!
Canada argued successfully in NAFTA negotiations that some areas of our economy were critical to our national best interests. US and Europe have also set precedence in protecting certain sectors of their economy. As we enter into negotiations with Europe or anyone else for that matter where we trade off off our public monetary policy and control like a cheap suit in favour of private banks is one of the most despicable acts this government has done in decades.
The Bank of Canada is not a metaphorical solution to saving Canadians from perpetual debt. It is a real and practical solution that can be achieved overnight by using our national bank as it was intended: interest-free loans for infrastructure and government spending.
You got it Pontiac...
You're a good man sir.
I added a link to this video in the thread on "Some Monetary System articles" on the English discussion forum of the Marijuana Party of Canada, as well as to our article which collects links to good videos about the monetary system. However, from a practical point of view, the situation is practically hopeless, and is surely going to continue to get worse faster. 99% of us pay for no politics, while 1% of us pay for almost all politics. 99.7% of the political tax credit potential is never used.
Thank you! I recognize a free thinker when one makes logical arguments that are not sourced from the mainstream media :) I've been making those arguments for years! Keep at it fellow patriot
Buggers signed it anyway - smoke and mirrors in the Senate distracted the public. The magicians at work again!
Why would I think twice before sharing this video? What exactly does it mean "it's unlisted"? I'm from Argentina and the video is not subtitled in Spanish yet but I've already shared it with my friends from the English speaking countries. This man is telling the truth and everybody should have the right to listen to him.
the pen is mightier than the sword
So make me Prime Minister of Canada and we'll change the way Canada does business with the rest of the world.
0:40 Gvt could create the money it spends, not borrow from banks.
Jct: not letting banks create it and borrowing at interest! This says Gvt borrows banks’ savings so no inflation. All believe Gvt creating new money would cause inflation! His case is immediately dismissed because he forgot to say banks create it before Gvt borrows it.
2:00 Money-creating function shared by gvt and private banks.
Jct: Finally, but too late to counter the previous cognitive dissonance. The rest is good.
not to be disrespectful, but where the hell were you 20 years ago when some of us were screaming at the tops of our lungs, and our backs were not against the wall yet?