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Author Topic: Question for Canadians. Is your central bank state run? [Locked]
WhipSmack  2 stars
Posts: 358
Registered: 2001-1-8 19:15:50
Cuttlery posted:

WhipSmack posted:

DunesVladHarkonnen posted:

It is owned by the Crown (state run)



Maybe this explains why canada is able to afford universal health care? When Canada borrows money from the crown, does it owe interest?



Canada can afford universal health care because they tax their citizens to afford it.



Canada is able to take their taxes further because they don't pay interest on their government debt. Central banks should be run by the people and create their own money interest free. If anyone was to doubt this, I would suggest you educate yourself on fractional reserve banking, and the federal reserve.