Pierre Poilievre
π€ SpeakerAppearances Over Time
Podcast Appearances
Well, we stopped the money printing, you know, we need a, we need, and, and the money printing is just a means to fund deficit spending. Government's Borrow.
Well, we stopped the money printing, you know, we need a, we need, and, and the money printing is just a means to fund deficit spending. Government's Borrow.
So basically the deficit is the difference between what the government spends and what it brings in.
So basically the deficit is the difference between what the government spends and what it brings in.
So basically the deficit is the difference between what the government spends and what it brings in.
Well, the debt is just the accumulation of the deficits.
Well, the debt is just the accumulation of the deficits.
Well, the debt is just the accumulation of the deficits.
So the deficit right now is $62 billion. Right.
So the deficit right now is $62 billion. Right.
So the deficit right now is $62 billion. Right.
I guess not. And look, there are very real present-day consequences for that. Deficits increase the money supply. Central banks effectively facilitate that increase in the money supply. And that causes inflation. And, you know, it's... It's why our, you know, I have a buddy whose family moved here from Italy back in 1973.
I guess not. And look, there are very real present-day consequences for that. Deficits increase the money supply. Central banks effectively facilitate that increase in the money supply. And that causes inflation. And, you know, it's... It's why our, you know, I have a buddy whose family moved here from Italy back in 1973.
I guess not. And look, there are very real present-day consequences for that. Deficits increase the money supply. Central banks effectively facilitate that increase in the money supply. And that causes inflation. And, you know, it's... It's why our, you know, I have a buddy whose family moved here from Italy back in 1973.
His father worked paving roads and his mother made sandwiches in a senior's home. They were able to pay off their home 10 minutes from Parliament Hill in seven years.
His father worked paving roads and his mother made sandwiches in a senior's home. They were able to pay off their home 10 minutes from Parliament Hill in seven years.
His father worked paving roads and his mother made sandwiches in a senior's home. They were able to pay off their home 10 minutes from Parliament Hill in seven years.
their grandchildren wouldn't be able to save up a down payment for that home in 15 years. And they will be university educated with all the advantages of having been here two decades. That is the consequence of the money supply growing vastly quicker than the stuff that money buys. So what we have to do is stop growing the money supply and start growing the stuff money buys, right?
their grandchildren wouldn't be able to save up a down payment for that home in 15 years. And they will be university educated with all the advantages of having been here two decades. That is the consequence of the money supply growing vastly quicker than the stuff that money buys. So what we have to do is stop growing the money supply and start growing the stuff money buys, right?
their grandchildren wouldn't be able to save up a down payment for that home in 15 years. And they will be university educated with all the advantages of having been here two decades. That is the consequence of the money supply growing vastly quicker than the stuff that money buys. So what we have to do is stop growing the money supply and start growing the stuff money buys, right?