Pierre Poilievre
๐ค SpeakerAppearances Over Time
Podcast Appearances
It's horrible. Inflation is the single most immoral tax for so many reasons. One, it takes from savers and people who are trying to be responsible, thus making it impossible to be responsible. Because if you refuse to play the inflation game of borrowing money to buy things you can't afford, someone else inevitably will, and you won't be able to afford anything.
It's horrible. Inflation is the single most immoral tax for so many reasons. One, it takes from savers and people who are trying to be responsible, thus making it impossible to be responsible. Because if you refuse to play the inflation game of borrowing money to buy things you can't afford, someone else inevitably will, and you won't be able to afford anything.
So you ultimately have to act irresponsibly. It's like Milton Friedman was asked, what would you do with your money in times of inflation? He said, spend it. Like the first thing you want to do when inflation is out of control is to make sure you get rid of this thing that's losing its value.
So you ultimately have to act irresponsibly. It's like Milton Friedman was asked, what would you do with your money in times of inflation? He said, spend it. Like the first thing you want to do when inflation is out of control is to make sure you get rid of this thing that's losing its value.
So you ultimately have to act irresponsibly. It's like Milton Friedman was asked, what would you do with your money in times of inflation? He said, spend it. Like the first thing you want to do when inflation is out of control is to make sure you get rid of this thing that's losing its value.
The second reason it's immoral is it takes from the poor because the poorest people cannot put, they do not have the ability to buy inflation-proof assets like gold and real estate and fancy watches and art collections and fancy wines and things that go up with or even exceed inflation. So it's a very big wealth transfer from the poor and the working class to the very, very wealthy.
The second reason it's immoral is it takes from the poor because the poorest people cannot put, they do not have the ability to buy inflation-proof assets like gold and real estate and fancy watches and art collections and fancy wines and things that go up with or even exceed inflation. So it's a very big wealth transfer from the poor and the working class to the very, very wealthy.
The second reason it's immoral is it takes from the poor because the poorest people cannot put, they do not have the ability to buy inflation-proof assets like gold and real estate and fancy watches and art collections and fancy wines and things that go up with or even exceed inflation. So it's a very big wealth transfer from the poor and the working class to the very, very wealthy.
A very small group of people actually get richer.
A very small group of people actually get richer.
A very small group of people actually get richer.
Yes. I mean, all the socialist policies, in practice, redistribute from the working class to the super wealthy. In practice. And I can prove that again and again and again. But not in theory. In practice. Yeah. In practice, all the redistribution that happens in these so-called socialist countries ultimately goes from the working class to the super wealthy. That is the reality.
Yes. I mean, all the socialist policies, in practice, redistribute from the working class to the super wealthy. In practice. And I can prove that again and again and again. But not in theory. In practice. Yeah. In practice, all the redistribution that happens in these so-called socialist countries ultimately goes from the working class to the super wealthy. That is the reality.
Yes. I mean, all the socialist policies, in practice, redistribute from the working class to the super wealthy. In practice. And I can prove that again and again and again. But not in theory. In practice. Yeah. In practice, all the redistribution that happens in these so-called socialist countries ultimately goes from the working class to the super wealthy. That is the reality.
But just one last thing on inflation. The final reason why it's so immoral is nobody votes on it. The basic principle of our parliamentary system is the government can't tax what parliament has not voted. The people must, no taxation without representation, right? But no one ever votes. to have the money printing happen.
But just one last thing on inflation. The final reason why it's so immoral is nobody votes on it. The basic principle of our parliamentary system is the government can't tax what parliament has not voted. The people must, no taxation without representation, right? But no one ever votes. to have the money printing happen.
But just one last thing on inflation. The final reason why it's so immoral is nobody votes on it. The basic principle of our parliamentary system is the government can't tax what parliament has not voted. The people must, no taxation without representation, right? But no one ever votes. to have the money printing happen.
And so the inflation is adopted secretly and you blame the grocer because groceries are more expensive or your local gas station because gas is more, or your realtor, because how is, I mean, in fact, it was actually the government that bid up all of those things with money printing and you didn't even know about it.
And so the inflation is adopted secretly and you blame the grocer because groceries are more expensive or your local gas station because gas is more, or your realtor, because how is, I mean, in fact, it was actually the government that bid up all of those things with money printing and you didn't even know about it.
And so the inflation is adopted secretly and you blame the grocer because groceries are more expensive or your local gas station because gas is more, or your realtor, because how is, I mean, in fact, it was actually the government that bid up all of those things with money printing and you didn't even know about it.