Deficit spending causes inflation

Deficit spending causes inflation.

But don't take my word for it - even a former Liberal Finance Minister said so.

[vumba]

"Inflation comes about not because the people Re living too well, but because the government is living too well" - Ronald Reagan

[lynnmacleod]

It's insane

Almost like it is being done on Purpose.

[magdarosson]

Lenin said: inflation is the best weapon against citizens before revolution

[debbydoodler]

Mr. Poilievre, thank you for continuing to stand up for us, and for working to prevent the new Liberal budget from passing. You had my vote a long time ago, and I can't wait for this next election!

[tomcotter]

Truth
The truth will set your free unless
Your 🇨🇦 pm Justin !!!!

[kilakila]

Cant we all just call for an election now ! Please could we be real canadians and take back control of our country.

[cario]

Hit 80k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 8k in Jan 2023

[EluciaDeLuteIma]

Justin Castro doesn't want you to own your house. He wants you to own nothing and be happy.

[nathangoddard]

Spending adds to inflation, the bank raises interest rates to fight inflation, which makes it overall more expensive to live, the government increases spending to ‘help’, this fuels inflation and prices continue to rise…and the bank increase interest rates to fight inflation….and Canadians cannot afford to live. The is insanity.

[Iesous]

Pierre is talking to a brick wall. I don't think Freeland or Trudeau understand basic economics, nor what inflation or deficits are. To be honest, I'm not even sure if they know what a budget is

[jasonsalsman]

How the conversation went
Buddy: that's a nice economy eh, but can ya make her do a brake burn

[TheTurboDee]

Thank you Pierre for all your hard work for this country.

[scrazee]

Go after Jahmeet. We cant do 2 years of this. He needs to be put in his place before the summer break.

[qifridek]

Another interest hike of .25 we need Trudeau out

[eijonasson]

This financial yoyo effect has been going on uninterrupted for a very long time. Suspect it is one of many common tactic to relieve people of their equity and essentially their homes. Likely real estate boards are accomplices. Get to sell the same houses over and over.
Middle class cash cow syndrome.

[mihirnadiminti]

Finance minister of canada qualifications : Taken from wikipedia. Chrystia Freeland completed a bachelor's degree at Harvard University, studying Russian history and literature before earning a master's degree in Slavonic studies from Oxford University. She began her career in journalism working in editorial positions at the Financial Times, The Globe and Mail and Reuters, becoming managing director of the latter. Freeland is the author of Sale of the Century, a 2000 book about Russia's journey from communist state rule to capitalism, [3] and Plutocrats: The Rise of the New Global Super-Rich and the Fall of Everyone Else in 2012.[4][5] Plutocrats was the winner of the 2013 Lionel Gelber Prize for non-fiction reporting on foreign affairs.[6] It also won the 2013 National Business Book Award for the most outstanding Canadian business-related book.

[stephenparchewski]

But don’t budgets balance themselves? FJT

[knblutz]

My personal loan just went up in June by $50
That will come out of my food Money now….

[knowledgeandmultiskilled]

Nobody demanded hundreds of thousands of families to get mortgages. To choose to not pay everything upfront was a choice that was made, and it was at the discretion of hundreds of thousands of families.

Balancing a budget is not something that just anyone can do. There are people who figured out in life how to balance a budget, and there are others who cannot, or will not do it. Why? I don't know!

Canadians wanted to vote, and Canadians wanted to have a liberal government especially a government that thinks of itself, and according to what was published on the internet has no intentions of balancing anything.

[nateh]

The equation: (M * V)/Q = P, where M is the money supply, V is the velocity of money, Q is real GDP, and P is the price level, should be taught in schools. In fact, Economics 101 should be a mandatory course with Milton Friedman's Capitalism and Freedom and Thomas Sowell's Basic Economics as required reading.

The 1995 debt crisis should be taught in Grade 10 Canadian history classes as well, instead of them ending on "Trudeaumania" or the FLQ crisis.