To raise awareness of how money created by Bank of Canada would be much better than credit created by banks.
Posted on October 19, 2008
Most people are not aware that 97 percent of our "money" in Canada is created in the form of credit or debt with interest cost attached for no other reason than bank profits. I propose mass education on the incredible potential for real growth in Canada if we, through our government, were to begin using the Bank of Canada to create all currency in this country, for the benefit of all of our citizens rather than for the benefit of private bankers.
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