http://www.debtclock.ca/ Why did Pierre Elliot Trudeau move Canada from having a public debt (printed money from the Bank of Canada) - Edit - this should state that the bank of Canada loaned money to the government before 1974, this was very manageable as the public debt was only 18 billion dollars in 1974 before Trudeau drove it to over 100 billion dollars which got the compounding private bank monster rolling) to borrowing money from private banks and issuing bonds (money) that pay interest?