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Decentralized Democracy

House Hansard - 124

44th Parl. 1st Sess.
November 3, 2022 10:00AM
Context: House Hansard - 124 - Nov/3/22
Hon. Pierre Poilievre
  • Nov/3/22 5:16:26 p.m.
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Mr. Speaker, I do not have to google that, because Jim Flaherty was against quantitative easing. We specifically said we would not do it, and we did not do it, and we proved this nonsense today that the Liberal government had to do quantitative easing because the Americans did it. That is the excuse. The Americans did it in 2008, 2009 and 2010. They printed money like crazy and ballooned income and wealth inequality as a result. Here in Canada we said no. We banned our Bank of Canada from doing that. As a result, we did not have an inflation crisis. We kept our debts low and we kept income inequality lower than it would have been. We can have an independent monetary policy. Our mothers taught us that just because all of our friends are jumping off a bridge does not mean we have to.
147 words
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