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Monday, November 11, 2019

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Monetary System

Until the early 1980s Canada enjoyed a relatively independent monetary system, along with a highly centralized and secure banking system and a high level of local investment and moderately high personal savings. In less than 15 years American-style deregulation, foreign takeovers and chicken-shit government policies have made us a capital and profit flight zone with a dependent and volatile currency, preyed on by a criminally profitable banking sector wholly divorced from responsibility to local and national well-being.

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