Dalton

The government takes out loans from the Bank of Canada without restriction, except for incurring debt and having compounding interest on top of it. The Bank of Canada gets bond which it can sell to pensioners. There's no downside for them. If you think investing in paper is a good idea, rather than investing in physical assets like oil, food, water, lumber, etc. then you have a rather odd concept of value.

So I should go max out my credit cards and take out huge loans then? Or maybe take a bunch of student loans out and be in debt for the rest of my life. Seems very healthy indeed, especially when you realize that most of that money doesn't physicly exist, it's just created out of nothing.

However, if the government increases debt by taking out more loans from the Bank of Canada it's also increasing monetary inflation by adding more paper 'assets' into the market, therefore decreaseing the value of the assumed value of the dollar which decreases puchasing power.

Below is a petition to raise awareness about our debt based financial system. I hope it will give everyone some insight into the inner workings of Canada's financial system and why the debt can not be repaid. https://www.change.org/p/thomas-mulcair-justin-trudeau-stephen-harper-remove-our-debt-based-financial-system

And yet Harper uses taxpayer funds to run ads against his oponents...