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Money Spencer Fernando

Details: Category: Money. Money SpencerFernando April 8, 2021. Rising Number Of Canadians On Brink Of Insolvency Shows Canada Is Already In An Economic Crisis. Commentary SpencerFernando March 29, 2021. Instead Of A Carbon Tax On Canadians, Impose ‘Climate Tariffs’ On China.

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Money Spencer Fernando

Details: Money SpencerFernando August 17, 2020 The Quebec Government Gave $200 Million To Foreign-Owned Cirque du Soleil. The Liberals Wouldn’t Give …

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Why Statists Love The 'Money Illusion'

Details: Why statists love The Money Illusion. The Money Illusion allows big government statist politicians to expand the size of government through fiat-backed deficit spending, erode the earning power of individuals (thus creating more dependence on the state), all while seemingly avoiding direct responsibility for the resulting rise in the cost-of

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Sound Money Incentivizes Limited Government

Details: National & Private Sound Money. One of the most interesting trends in the world today is the rise of sound private money. In particular, Bitcoin is a cryptocurrency that is decentralized, scarce (there will only ever be 21 million Bitcoins), and cannot be controlled by politicians or central bank officials. Because of this, it is private money.

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Sound Money vs Modern Monetary Theory

Details: MMT is the idea that countries like Canada with their own centrally-controlled fiat currencies can never run out of money, and that the Bank of Canada (or other central banks in different nations), should finance whatever amount of spending a government choses. MMT is wildly popular among statists, since it ‘justifies’ a never-ending

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Where The Hell Is All Our Healthcare Money Going

Details: Simply put, we spend a gargantuan amount of money on a system that has proven to be unable to manage even a minor spike in ICU admissions. Let me put it another way. This is the current percentage of Alberta’s population that is in the ICU with Covid: 0.00004954545%. Think about that for a moment.

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Canada Must Return To Sound Money

Details: A combination of a weak education system, and a political/banking/corporate class that is addicted to easy money, weakens our entire society, and makes restraint a ‘bad word.’. Conservatives need to start advocating for Canada to return to sound money, and warn about the serious danger and risk of a crisis that the easy-money, free-spending

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Are We Really Going To Pretend That Endless Money Printing

Details: Around the world, money printers have been in overdrive. For nearly a year, central banks across the globe have been pumping out money (or more accurately, creating it on computers), in an effort to stave of a serious economic crisis. For example, in the United States, roughly 1/3rd of all dollars ever created were created in the past 12 months.

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Inflation Steals The Value We Create During Our Limited

Details: In fact, the same governments that are so intent on massively increasingly the money supply are also trying to restrict economic growth ‘to save the planet.’ As you can imagine, this is a horrendous combination: Weakening the economy while flooding it with cheap money. And that brings us to the reality discussed at the beginning of this

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The Throne Speech: Justin Trudeau's Brilliant Plan To Fix

Details: After all, it seems to make sense that if the government spends more money on making life more affordable, it will make life better for people. Unfortunately, that viewpoint is based upon a mistaken view of why the cost-of-living is increasing. Government spending and money printing is the real problem. Let’s ask ourselves this question:

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Politicians Will Keep Buying The Public Off With Our Own

Details: If we let the government continuing increasing taxes, and then feel 'grateful' when they give some of that money back to us, why wouldn't politicians keep trying to get away with it. With recent surveys showing the Liberals with a substantive lead in the polls, many people ask 'how is this possible,' or feel the polls must be wrong. And while individual polls can certainly …

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MISSING: $2.5 Billion In Federal Infrastructure Funding

Details: Where did the money go? Considering how massive the federal bureaucracy is (and it gets bigger by the day), you'd think the government could at least get a handle on the money it takes from us. But no, apparently even that is too much to ask. According to the parliamentary budget office (PBO), $2.5 billion in infrastructure spending cannot be found. As …

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How The 'Cantillon Effect' Is Damaging Canada And Wrecking

Details: Massive money printing has a devastating impact on Canadians, while benefitting those closest to the Bank of Canada. Printing copious amounts of fiat currency is often promoted as a 'progressive' policy. After all, progressives love to 'spread the wealth,' and printing money means more to go around for everyone, right? Of course, we know that's not how it works. …

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DISHONEST: Trudeau Falsely Claims He Set Aside Money For

Details: Running deficits is the opposite of 'setting money aside.' While the Trudeau Liberals have gotten a few aspects of the financial response to the CCP Coronavirus right (while failing totally on protecting the country by leaving the borders open), he is now making patently false claims about what led up to that fiscal response. In a recent press conference, Justin …

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The Bank Of Canada Is Printing Money Like Crazy

Details: Chart shows massive surge in money printing, far outpacing comparable nations. Amid the CCP Virus Crisis, many countries have seen increased central bank activity. With business activity pulling back, government spending has surged, and countries around the world are going further and further into debt. However, it appears that money printing in Canada is …

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Poilievre Rips Bank Of Canada Money Printing

Details: 'Mansion-dwelling aristocrats' are benefitting, while the rest of Canadians struggle with higher prices. Conservative jobs & industry critic Pierre Poilievre is one of the few politicians addressing the underlying problems facing Canada's economy, including the out-of-control money printing of the Bank of Canada. In a series of Tweets, Poilievre ripped the Bank of …

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Canada Should Cut Foreign Aid & Redirect The Money Towards

Details: We can't justify giving money taken from taxpayers to foreign countries when we have serious problems here at home. Yesterday, I Tweeted an idea the Conservatives should embrace: 'The Conservatives should propose slashing foreign aid and redirecting a few billion dollars to finally ending all boil water advisories in Indigenous communities. But that would be …

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Inflation Is Far Worse Than The Government Admits

Details: Money illusion is an economic theory positing that people have a tendency to view their wealth and income in nominal dollar terms, rather than in real terms. In other words, it is assumed that people do not take into account the level of inflation in an economy, wrongly believing that a dollar is worth the same as it was the prior year.

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Inflation Gaslighting Has Begun

Details: Indeed, the rampant money printing behind the recent surge in inflation has benefitted the largest banks and biggest investors the most, since the money flows through the banks first, and that money then flows to the largest investors. As noted by Elon Musk, inflation is indeed a highly regressive tax:

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#WheresTheMoneyCatherine Is Trending

Details: When our tax dollars are spent, we need to know where that money is spent. McKenna owes it to the Canadian People to explain where our money went. Spencer Fernando. Photo – YouTube *** The media is being co-opted by the radical left, and paid off by the Liberals. Without Independent voices like Spencer Fernando, the truth will be silenced.

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Canada Budget 2021: Liberals Double-Down On Money Printing

Details: Get the money printer going. People often ask, “how will we pay for this.” And the answer from the Liberals is “by printing a ton of money.” The Bank of Canada balance sheet has been expanding rapidly, and they are in effect enabling this massive government spending by keeping interest rates low.

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Canada Won't 'Run Out Of Money,' But Your Money Will Lose

Details: The danger is that our money loses all value. Money can ‘run out of value’ Weimar Germany never ran out of government-printed money. Zimbabwe never ran out of government-printed money. There was no shortage of money whatsoever. In fact, just the opposite. Money was all over the place. There were wheelbarrows full of money.

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Why Is Justin Trudeau Wasting Our Money On A Worthless UN

Details: A seat on the UN Security Council will do nothing for Canada. Just imagine how much better things could be for our country if we had a PM who was focused on helping Canada. Instead, we see Justin Trudeau flying around the world, spending our hard-earned taxpayer dollars on paying off other countries for UN votes. Recently, Trudeau went to Africa and …

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Government Has Caused The Problems We Face, So Why Should

Details: From spending more money to 'fix' inflation, to repeated lockdowns, mandates, and other restrictions on freedom that damage our society, government 'solutions' to problems only make things worse, and compound problems governments have themselves caused. The two biggest issues facing our country today are inflation, and the continued restrictions on …

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Pierre Poilievre Returning To Finance Critic Role Is Great

Details: Canada needs an opposition that promotes a starkly different worldview than what the Liberals are pushing. Poilievre returning to the role of Finance Critic raises the odds of that happening. When Pierre Poilievre was shuffled out of the Finance Critic role by Erin O'Toole, the move was widely panned by Conservatives across the country. Poilievre has proven to be one …

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Trudeau's Endless Foreign Aid Giveaways Are An Insult To

Details: How is it that there's always money for foreign countries even when Canada has gargantuan budget deficits and serious problems here at home? Canada is currently mired in our largest budget deficit in history, with a stunning amount of money printing by the Bank of Canada enabling a debt binge of unprecedented proportions. The Liberals - in Chrystia Freeland's first …

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Justin Trudeau Announces He's Giving $1.4 BILLION More Of

Details: The Trudeau Liberals are continuing their policy of giving away tons of our money to foreign countries – even as serious problems here at home go unaddressed. Justin Trudeau made the announcement a speech, in which he revealed that the government is taking a whopping $1.4 BILLION more from taxpayers and giving it away outside our borders.

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The Bank Of Canada Is Rapidly Losing Credibility

Details: A bunch of new money, chasing a quantity of goods that isn’t keeping up at all with the rate of money creation will lead to higher prices (in reality a devaluation of currency). In Canada at this moment we have an economy that is being restricted by higher taxes and ‘climate policies’ that reduce growth, while vast sums of money flood

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Why Is Justin Trudeau Giving $50 MILLION Of Our Taxpayer

Details: Fix things in Canada first. Justin Trudeau's international virtue-signalling continues at the expense of Canadian taxpayers. Trudeau is giving $50 million of our taxpayer dollars to the Palestinians. According to the Globe & Mail, $12.65 million will go to the Palestinians through the United Nations and other 'international organizations,' while most of the rest will go towards …

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Trudeau Government Announces $600 MILLION Media Bailout

Details: It's even worse than many people feared. In their economic update, the Trudeau Liberals have announced a series of measures that add up to a $600 million media bailout. Instead of letting the Canadian People pick and choose which media companies to support freely, the Trudeau Liberals are forcing you to bail out the media that they pick - using your tax …

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Capitalism For Thee, But Not For Me: Hedge Funds Whine As

Details: Funny how many big institutions absolutely love capitalism when they are profiting, yet demand 'socialism for the rich' the second things go wrong. Many hedge funds make people rich by betting that companies will decline and fall. Short sellers bet that a company is going down, and make tons of money on that bet. Those hedge funds are glad to benefit from the …

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To Lower The Surging Cost-Of-Living, Canada Needs More

Details: What makes this so hypocritical is that it is the massive money printing and low interest rate policies of the Bank of Canada that has so heavily distorted the housing market. When the state floods the economy with printed money, true value is …

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Can Conservatism Succeed In A World Of Surging Money

Details: Consider the immense amount of money printing and debt we have seen both leading up to, and now during the Wuhan Virus crisis. Consider that since the 2008 financial crisis, governments and central banks have seemingly decided that they won’t really allow recessions, and will simply inject more and more money into the system every time a

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Liberal Government Gave $41 MILLION Of Your Taxpayer

Details: The Canadian People need our money kept here in Canada. Giving to China, a nation with a huge economy and values that are totally at odds with our own, is insanity. It once again raises the serious and disturbing concerns about why the Trudeau Liberal government is so weak towards China, and why they seem so intent on giving in to China, rather

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Will House Of Commons Session Bring Real Debate, Or

Details: Beyond that, the key issue is the overall role of government, particularly in regard to the damage that rampant overspending and money printing is doing to the earning power of Canadians, along with attacks on free speech through Liberal efforts to …

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Secret Liberal Government Payments To Media Subvert

Details: According to Blacklock’s, the Trudeau government has given $61 million of your taxpayer dollars to publishers ahead of the election. The government is calling it ’emergency relief,’ and is refusing to name who got the money: “Feds won’t name publishers who got $61M in pre-#Elxn44 “emergency relief.” @S_Guilbeault says subsidies

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Trudeau's Wife Received Money From WE Charity

Details: With the latest revelation that the WE Charity/WE Organization paid over $280,000 to Justin Trudeau’s mother and brother, we have now learned that Justin Trudeau’s wife, Sophie Gregoire Trudeau, also received money from the organization. Her participation wasn’t quite as lucrative as the others, as she brought in $1,400 for what is being

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Why Canadian Politics Is Broken

Details: We focus on the wrong things, real problems are unaddressed, and spending more money is always seen as the answer. The longer this goes on, the more our problems will accumulate. On a technical level, it has never been easier or more feasible for Canadians to be almost completely free of government control. The amount of information available to us in an …

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Why is Alberta paying money to Quebec, just to have the

Details: Why is Alberta paying money to Quebec, just to have the Quebec government turn around and reject Alberta pipelines? The news that the Quebec government is getting $1.4 billion more in equalization payments has caused outrage across much of Canada, particularly in Alberta. Alberta creates much of the money that is taken by the federal government and then …

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Trudeau's $600 MILLION Establishment Media Bailout Is Even

Details: “4. Now let’s talk about who is eligible for bailout money and who isn’t.” 4. Now let's talk about who is eligible for bailout money and who isn't. — Jesse Brown (@JesseBrown) March 20, 2019 “5. A Qualified org must “employ two or more journalists”. So right out the gate, this eliminates many startups.

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Pierre Poilievre's Speech On Modern Monetary Theory Is

Details: In a roughly 9-minute long speech, Poilievre discusses how so-called ‘Modern Monetary Theory’ isn’t so ‘modern’ at all, going through a history of those who thought they could somehow generate wealth by printing money/debasing their currency, with the inevitable result of making people poorer and leading to financial disaster everytime.

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Despite Massive Injection Of Taxpayer Money, CBC's 'The

Details: No amount of money can force a product on people who don't like it. CBC has received a massive injection of taxpayer money under the Trudeau government. Despite already being well-funded previously, Trudeau upped their budget to the point at which CBC now gets around $1.5 billion per year. And that money is on top of the advertising revenue they receive, …

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Why Are Liberal MPs Silent On Federal Government Having

Details: If the Liberals are enjoying watching the problems engulfing the Conservatives over a donation from Fromm, isn't giving tons of taxpayer money to his groups even worse? Many within the Trudeau Liberals are certainly taking pleasure in the divisions within the Conservative Party being opened up as Erin O'Toole attempts to remove Derek Sloan on the obviously …

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Trudeau's Dangerous Radical Agenda Will Betray An Entire

Details: The Trudeau Liberals are preparing to simultaneously spend gigantic amounts of money, disincentivize work, and cripple the energy sector. An entire generation of Canadians is about to be sacrificed at the altar of the 'green agenda' and Trudeau's insane arrogance. At a moment when Canadians are seeking a return to normalcy, the Liberals are doing the …

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ELITIST DECEPTION: Trudeau Government Publicly Says Banks

Details: Publicly, the government said “Canada’s major banks, led by the Bank of Montreal, invited Fintrac and police to work together to target this heinous and often hidden crime by focusing on the money laundering component of the crime. Project Protect has shown that the Canadian banking sector now sees itself as a full contributor to Canada’s

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Trudeau Government Gets It Right On Coronavirus Financial

Details: Trudeau’s move to announce the financial measures quickly was essential to stop panic, as people are going to quickly run out of money otherwise. Of course, there will be a time to worry about the long-term financial impact of this spending. But right now, we have to deal with one crisis at a time.

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Royal Bank CEO Issues Warning About Flood Of Foreign Money

Details: Foreign capital is 'using Canadian real estate as a piggy bank' says RBC CEO David McKay. The head of Royal Bank of Canada says Canada's housing market is being distorted by a flood of foreign money, and he says it's having a negative impact on the livelihood of Canadians. Bloomberg reported the comments by David McKay which were made at a …

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