The Tidal Wave is Coming

I must sound like a broken record to many of you, but according to a recent poll by Bloomberg, 33% of Canadians believe that the Trudeau government is better at running the finances of the country compared to 24% for the Conservatives. So either 33% of the country doesn’t understand economics or doesn’t believe that rampant monetary stimulus will create runaway inflation. The National Post reports today that “things are becoming more expensive” and it’s all because someone decided that the solution to COVID was mindlessly throwing money they didn’t have at the problem.

People point to the official government statistics that show the Canadian economy shrank -5% in 2020, but assets such as the stock market and real estate values have been rising dramatically, along with goods and services. The government statistics of inflation are a mythical and arbitrary number that doesn’t reflect the cost of goods and services.

2020 was a classic example of a shrinking economy and dramatic inflation of prices. 2021 will be no different because of the ideology of money that most Canadians politicians have - AND a total disregard for mathematics and reality. (Funny enough, the last time this happened, our country was under the leadership of another Trudeau.)

All things being equal, a static supply of things increase in price with the increased availability of money. This increases the gap between the rich and the poor when people who have less money have no ability to buy things that are more expensive. Universal basic income is NOT the answer. The UN’s WEF “Great Reset” where “no one owns anything and you’ll be happy” certainly isn’t a reasonable answer either.

A real and rational and mathematically sound solution is found in limiting the supply of currency and creating REAL boundaries to government spending. In western society we have a generally accepted principle of the separation of church and state. We should start thinking of a generally accepted principle of the separation of money and state. Having the power of the purse is too much power granted to the ideologues at the top of the illegal pyramid scheme of government.

Inflation is coming: Signs that everything is about to get much more expensive | National Post

Trudeau's high marks in fiscal ranking increase election odds - BNN (ampproject.org)?