Re: Feds monitoring weak economy, could take action as early as fall: Morneau, The Canadian Press, September 26, 2016 http://www.nationalnewswatch.com/2016/09/26/feds-monitoring-weak-economy-could-take-action-as-early-as-fall-morneau-3/#.V-mLF_nyuUk Our Bank of Canada does not have vaults filled with electronic cash. As remarkable as it may seem, the Bank (owned 100% by the federal government) simply creates money whenever needed by computer entry. It […]
The problem with running a campaign based on a whole lot of promises that clearly will never be kept is that eventually it comes back to bite you on the bum. While good political teams try and deflect and navigate the choppy waters, the Trudeau team seems to be taking a page from Stephen Harper […]
Re: The cash crunch of commitments: uncosted spending vows lurk for Liberals, Andy Blatchford, 01/17/2016 1 The Bank of Canada can never run out of Canadian dollars, nor can the federal government which owns it. In keeping their promises, Liberals should not be deterred by deficits, because if necessary these can be run indefinitely. In […]
