Activism Challenge: Bring Back The Bank Of Canada - Call to Ignatieff errr... I mean Scott Brison

Full details of the campaign can be found here: http://www.facebook.com/note.php?note_id=159040604107257

Sources on Private Banks Creating Money:

http://en.wikipedia.org/wiki/Money_creation
From the opening paragraph: "There are two principle stages of money creation. First, the central bank of a country can introduce or issue new money into the economy (termed 'expansionary monetary policy').(...)Second, the new money introduced by the central bank is multiplied by commercial banks through fractional reserve banking, expanding the amount of broad money (i.e. cash plus demand deposits) in the economy."

http://www.bankofcanada.ca/en/backgrounders/bg-m2.html
From the Bank of Canada's website: "Commercial banks and other financial institutions provide most of the assets used as money through loans made to individuals and businesses. In that sense, financial institutions create, or can create money."

http://www40.statcan.ca/l01/cst01/econ07-eng.htm
On the Statistics Canada webpage you can clearly see that the M1 money supply (government created money) is much smaller than the total money supply (M3) and M3 doesn't take any of the unregulated shadow banking system (derivatives, etc.) into account, thus the actual money supply is much larger than even M3 describes.


This challenge is all about creating as much noise as possible on the issue of using the Bank of Canada once again to issue low interest long-term credit to the federal, provincial and municipal governments in this country for investment in infrastructure development (roads, hospitals, trains, etc.)

Post your video on our facebook page at: http://www.facebook.com/RepublicOfCanada

You could be the winner of CPR's first Activism Challenge. Good luck!

Category:

News & Politics

Tags:

• republic
• canada
• globalization
• constitution
• bank of canada
• NWO
• IMF
• interest
• washington consensus
• federal reserve
• audit
• debt
• money
• finance
• infrastructure
• public credit
• scott brison
• michael ignatieff
• liberal party

[parkmandale]

Her explanation that borrowing directly from the Bank of Canada will cause high inflation doesn`t cut it. Canada experienced extremely high rates of inflation (using the CPI) in the late 70s and early 80s, immediatley after the Government of Canada began to borrow from private banks.

[supermatti78]

great video people are waking up to this robbery and hopefully the next generation of politicians will stand up for Canada.

[acidhead43]

You are absolutely correct. Canada and just about every nation is being dragged along with the crooks operating the Fed.

If you haven't seen Mike Maloney's latest video, type his name into youtube and watch him at an bankers conference for International bankers in sochi, Russia earlier this month. In his presentation he lays out with charts how each nation following the Fed is over inflating their money supplies.

I'd attach it but I tried and I'm not sure how to link to it my friend.

[acidhead43]

Dude, the lady on the other end of the phone is a moron. She doesn't truly understand how money is created for other banks to leverage. Her excuse is Canada doesn't create its own money because it causes hyper inflation yet she is oblivious to the fact that it is created somewhere else - The private Federal reserve. A nd the private federal reserve is the entity that's fucking our nations ability to secure our monetary and economic freedom. She's a fucking moron.