Обновление к петицииLet’s use our publicly-owned Bank of Canada to its full potential as per the Act of 1938Is the Canadian Centre for Policy Alternatives (CCPA) going against our collective best interests?

Jean-Pierre RicherSt-Hubert, Канада
27 февр. 2018 г.
CCPA joins with the Neoliberals by referring to the Debt to GDP ratio and ignoring the growing impact of interest charges on the debt that prevents there being enough money for programmes and services. The deficit grows and the debt of course increases. In the section on Macroeconomic functions, there is no reference to the Bank of Canada (BoC) holding a greater or lesser amount of the debt and the impact of those changes over the past few years. As Mackenzie King said in 1935 "Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talks of the sovereignty of Parliament and of democracy is idle and futile." He nationalized the BoC in 1938 -- 80 years ago.
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