Introduction
Bank of Canada
Monetarism
Unbelievable!
Believe It!
Ideology
Article 18
Ex. 1/Ex. 2
A Vision
Conclusion

~ Believe It!~

The Largest Expenditure!

l It is important to realize that this is not some abstract, intellectual exercise. It's YOUR money!
l You are being flim-flammed!! Year after year after year....

l Your LARGEST expenditure- (The so-called 'public debt interest', i.e., "paying down the debt") is to the private banking system!!

But it doesn't have to be that way!

l Your (our, Canada's) money could be going towards social programs, health care, education, and so on (through Transfers, Operating and Capital Expenses, etc.) IF a larger portion of GCM existed.

l The question then is: why do governments borrow AS debt and AT interest moneys which they could create on behalf of Canadians debt and interest free?

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