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Decentralized Democracy

House Hansard - 339

44th Parl. 1st Sess.
September 19, 2024 10:00AM
Context: House Hansard - 339 - Sep/19/24
Mr. Marty Morantz
  • Sep/19/24 12:51:06 p.m.
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Madam Speaker, the mortgage crisis, despite what the Liberals will tell us, was caused by them. They allowed the bank governor to jack up the money supply by 23%, and the $600 billion in cash printed spiked inflation. It was not the war in Ukraine that caused inflation. It was not supply chains. It was the watering down of the value of our currency that spiked inflation, which directly led to this mortgage crisis. Now, on top of the affordability problems and on top of everything else, we will start to see people lose their homes. It is catastrophic and very sad.
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