Samuel Aube 0

stop federal government from borrowing money from foreign banks

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Context: Canada Every year our governments gives 60 000 000 000$ to foreign banks in interest. This has been going on for 30 plus years. 1. If we are to pay such outrageous interests, why not pay it to ourselves. All we have to do is it to use The Bank of Canada for our loans. a. The government asks for a loan. b. The Bank of Canada prints currency. c. The government distributes the money thru the building and maintenance of infrastructures. 2. The solution is a referendum to force our federal governments to use and only use The Bank of Canada. This will allow the Canadian people to once again control the interest rates, inflation and deflation of our dollar.

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