Poilievre Rips Bank Of Canada Money Printing

DM

“Mansion-dwelling aristocrats” are benefitting, while the rest of Canadians struggle with higher prices. Conservative jobs & industry critic Pierre Poilievre is one of the few politicians addressing the underlying problems facing Canada’s economy, including the out-of-control money printing of the Bank of Canada. In a series of Tweets, Poilievre ripped the Bank of Canada, and pointed out how absurd it is that housing prices keep going up: “The Bank of Canada’s money printing has inflated the wealth of mansion-dwelling aristocrats while driving up food and housing prices for everyone else.” “So GDP drops $100B (reducing the earnings people use to buy houses) & population growth plummets (reducing the number of new buyers). And yet, real estate prices… balloon. How long until this bubble economy bursts?”

Notifications - Subscriptions
Notify of
4 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments

4
0
Would love your thoughts, please comment.x
()
x