Canada’s debt is staggering … and it’s getting worse. But we can change the status quo. We can take back the power to create our own money, stolen from us in 1974.
“Once a nation parts with control of its currency and credit, it matters not who makes the nation’s laws. Usury, once in control, will wreck a nation. Until the control of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and democracy is idle and futile.” |
Prime Minister William Lyon Mackenzie King (1921-30, 1935-48) |
Here’s the background:
Canada has a public bank, the Bank of Canada. It was founded in 1934 (due to the hard times of the depression). In the Canadian constitution, it’s allowed to lend money at no interest to municipal, provincial, and federal governments for education, health, housing, and other social services. And it could loan money at low interest for other projects. Any interest, of course, would be paid back to the government. In other words, to taxpayers. To us. [continue reading…]