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Canada Must Resist ‘The Great Reset’

Tue, April 25, 2023   |   Author: Ron Gray   |   Volume 30    Issue 17 | Share: Gab | Facebook | Twitter   

Canada must very soon take a stand in opposition to The World Economic Forum’s (WEF) ’Great Reset,’ and begin informing people that (a) Prime Minister Justin Trudeau is deeply involved in this globalist plot to take private property (and money) away from the people, and to destroy the national economy . . . to make way for a so-called “new economy”; (b) that the opposition parties in the House of Commons aren’t opposing it in any meaningful way; (c) that government will continue to get bigger and bigger, growing like a cancer while the private economy shrinks; and (d) that no political party, other than the CHP, is yet warning the people about this massive theft of wealth and property that is being engineered by Ottawa, Washington and Davos.

We need to do much more than just warn against the losses that will negatively affect businesses, families and individuals. We also need to help Canadians see that there is an alternative path for Canada.

Our best hope for an alternative to the Great Reset disaster lies in the fact that Canada is rich in resources; has an educated, talented work-force; and has a tradition of free enterprise and a free people. There remains one hurdle to be overcome: barriers to interprovincial trade. Tearing them down has been a CHP policy for more than 30 years. It was never more important than now. Here’s why.

Canada can—indeed, MUST—pull out of the trap of globalization, and begin to restore the lost domestic industries (have you tried to buy made-in-Canada shoes lately?). We can and must rebuild industries that can provide for almost all the needs of Canadians. Pharmaceuticals. Clothing. Machinery. Sure, the prices might be a bit higher than for stuff made in Asian sweat-shops; but more Canadians would be working and earning enough money to pay for Canadian-made products.

Yes, we need tariff barriers to protect domestic industries.

Another hazard, if we were to pull out of the globalization trap, would be that the international bankers—the International Monetary Fund (IMF) and the World Bank, for example—would do their worst to ‘punish’ us in the arena of international finance; but Canada could weather that! The IMF and World Bank (like China’s “belt-and-road initiative”) have ruined the economies of many Third World Developing Nations with their ‘help’—and now those nations are struggling to recover. Many of them would be very willing to engage in bilateral trade agreements with Canada; we could build our own trading networks, outside of the General Agreement on Tariffs and Trade (GATT) and WEF and the other globalist vampires.

Globalization is turning into a nightmare; Canada has been blessed with the resources to opt out of it. But if we don’t make the decision to opt out soon, we’re on our way to becoming another Venezuela.

International trade was a blessing after WW II; Canada enjoyed its longest boom economy ever. But as it has morphed into ‘globalization’, it’s becoming a curse. It benefits international corporations and international banks that have no national loyalties; it has given us unemployment and inflation—stagflation.

One of the first steps towards fiscal sanity in Canada would be to curtail the ability of banks to create money out of thin air! A 50 percent requirement on fractional reserve banking would help to achieve this.

Most people think that when they deposit money in the bank, the banks pay a small interest and then loan that money out at higher interest. But that accounts for only a tiny fraction of the banks’ profits. When banks make a loan, there is usually nothing at all behind it; just a few keystrokes on a computer. But the money created by banks is always created as debt. Where will the money come from to pay the interest on that debt? It will have to be loaned to the government as more and more debt!

If, instead, a large part of the new money needed every year were created by the government, through the Bank of Canada directly, it could be loaned, without interest, to provincial and local authorities for badly-needed local infrastructure projects—roads, highways, bridges, water and sewage treatment plants, new school buildings, etc. The economic activity resulting from that would increase local government revenues, enabling them to easily repay the interest-free loans; when that money would return to the Bank of Canada, it could be retired, so that no inflation would be caused.

Bank-created debt money is the reason that all governments in the world, except for the channel islands of Guernsey and Jersey, are deeply in debt. Those two attractive islands issue government-created money (GCM) (PDF).

But no Canadian government, since the post-war years, has been willing to institute such a sensible plan. Why? Because all parties now in the House of Commons depend on the banks for loans to finance campaign costs. What was once a democratic system for electing government of the people, by the people and for the people has degenerated into a huge exercise in marketing—with the aid of government-supported media!

As globalization gallops ahead, democracy lies gasping in the ditch! It’s time for CHP’s common-sense solutions!

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