Tag Archives: Bank of Canada

The Right to Create Money


I have been a supporter of Canada re-instating the policy of Canada borrowing money from the Bank of Canada for many years. It is ridiculous for countries to borrow money from international banks when they have a sovereign right to … Continue reading

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The Story of Money, Credit and Banks


Consider the mess the world is in, with all the collapsing economies, and then see if this story doesn’t have relevance to the mess today. The story of banks began in medieval times, more specifically, during the Crusades. The Crusade … Continue reading

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What the Heck is Going on Out There? (Banking)


As written in the “What the Heck is Going on Out There (Multinational Corporattions)”, which is part 1 of this article, I wrote that there  wasn’t enough money in the pockets of consumers to maintain high profits, and thus the … Continue reading

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The Taxation Boiling Pot


You are a lobster and you are sitting at the bottom of a large pot, with all your fellow Canadians, feeling rather trapped now. You have already had taxes added to you to pay for past debts, and public services, … Continue reading

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Flaherty Should Remain Quiet About European Austerity


Finance Minister Jim Flaherty spoke at the G7 meeting suggesting that the other G8 nations need to stay the course with the austerity measures. The Financial Post is quoted him as saying “Big countries’ weakening resolve to cut debt is … Continue reading

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Flaherty’s 2013 Budget


My job as a writer is to tell you something that you don’t know. You may have seen my title and are looking for some opinion on how Flaherty did. You want to know whether this budget will be good … Continue reading

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Canada MUST Re-evaluate It’s Financial Direction


After the Depression, Canada wanted to inject new money into the Canadian economy, so Canada bought a couple of banks and created the Bank of Canada. The Bank of Canada created debt – free money which rejuvenated the Depression economy … Continue reading

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