Pierre Poilievre

By a lot.

By a lot.

By a lot.

Yes, and we're paying the difference by accumulating enormous quantities of debt. Our households are by far the most indebted in the G7. When you take, you divide total household debt by GDP, we now have a bigger stock of household debt than our entire economy. We are more indebted as households than the Americans were right before the 08 financial crisis.

Yes, and we're paying the difference by accumulating enormous quantities of debt. Our households are by far the most indebted in the G7. When you take, you divide total household debt by GDP, we now have a bigger stock of household debt than our entire economy. We are more indebted as households than the Americans were right before the 08 financial crisis.

Yes, and we're paying the difference by accumulating enormous quantities of debt. Our households are by far the most indebted in the G7. When you take, you divide total household debt by GDP, we now have a bigger stock of household debt than our entire economy. We are more indebted as households than the Americans were right before the 08 financial crisis.

And so what we have as a model in Canada is we have artificial scarcity imposed by a very heavy and restrictive state, confiscatory state, that suppresses production. But in order to allow for consumption, we print money and borrow money and then flood the economy with that money.

And so what we have as a model in Canada is we have artificial scarcity imposed by a very heavy and restrictive state, confiscatory state, that suppresses production. But in order to allow for consumption, we print money and borrow money and then flood the economy with that money.

And so what we have as a model in Canada is we have artificial scarcity imposed by a very heavy and restrictive state, confiscatory state, that suppresses production. But in order to allow for consumption, we print money and borrow money and then flood the economy with that money.

Yes.

Yes.

Yes.

That's right.

That's right.

That's right.

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.

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.