John,
The Trudeau Liberals recently announced that this
year’s budget deficit will reach the astronomical sum of $343 billion.
Where does the money come from?
It’s simple. The Bank
of Canada is just printing it.
We’re going to pay for
all this government debt one way of another.
If not with taxes, then through inflation.
Since March, central banks around the world have printed
trillions of dollars, euros, yen and other currencies.
And
they’ve driven interest rates down to zero.
This massive debasement of
currencies is the single most destructive economic policy in the world
today.
It allows governments to spend without
limits; zombie companies to continue to waste resources even though
they’re bankrupt.
It encourages everyone to borrow and spend
even when they cannot afford it.
This week, the price of gold
surpassed its all-time record high of 2011.
Investors are
flocking to gold as the only real money and safe haven in this crazy
world.
John, nobody in Canada is talking about
this.
The whole political, financial and media
establishment is just blind to this reality.
What will Canada
do if paper money collapses or if inflation speeds up?
What
will Canada do if gold replaces the US dollar as the world’s reserve
monetary asset?
We’re the only major country that has no gold
reserve at all.
We need someone in Ottawa to
raise these issues.
Please support the People’s Party with a $2
donation today if you want these crucial issues to be
addressed.
Many thanks,
-Max
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