NEWS

Conservative leadership front-runner Pierre Poilievre vows to ban central bank digital currency

Updated: April 29, 2022 at 5:57 pm EST  See Comments

Fri Apr 29, 2022 – 5:24 pm EDT

(LifeSiteNews) — Conservative Party of Canada leadership candidate Pierre Poilievre promised to ax Trudeau’s central bank digital currency endeavor if elected Prime Minister.

While the promise appeals to those worried about government control of personal finance and the advancement of an agenda similar to the World Economic Forum’s “Great Reset,” Poilievre’s website states that his focus is primarily on protecting Canadians against inflation by giving the central bank more “independence” from government deficit spending.

“Justin Trudeau has threatened the Bank of Canada’s independence with a half-trillion dollars of deficits that required the central bank to print money and cause inflation,” Poilievre said. 

“Money-printing deficits have sent more dollars bidding up the price of goods. Inflationary taxes have made it more expensive for businesses to produce those goods. The more Liberals spend, the more things cost. That is JustinFlation. I will end it by restoring central bank independence, mandating an independent audit of all the money printing, and stopping the risky Central Bank Digital Currency,” the candidate added.

The topic of a central bank digital currency first came into prominence in Canada after Finance Minister Chrystia Freeland released the 2022

The remainder of this article is available in its entirety at LifeSite News

The views expressed in this news alert by the author do not directly represent that of The Official Street Preachers or its editors

Advertisement
Burt's Bees Hand Repair - Almond Milk Hand Cream, Lemon Butter Cuticle Cream, Shea Butter Hand Repair Cream
0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments
A Quick Note…

Already a subscriber? Login to remove advertisements. Not a subscriber? Join the Official Street Preachers and gain access to hundreds of presentations and exclusives that cover today's events and how they impact you, your life, and your soul. All while supporting independent Christian researchers trying to make a difference.