Maxime Bernier Becomes First Major Western Political Leader to Call for a Gold Standard
This guy is a maple syprupy Ron Paul sort.
Maxime Bernier, who recently became the world’s first major leader to call for the re-imposition of the gold standard, is quietly carving out a niche as one of the country’s most innovative monetary policy thinkers.
“Central banks are printing massive amounts of currency to prevent the economy’s collapse under the weight of debt,” says Bernier, leader of the People’s Party of Canada. “The fiat money system is bankrupt.”
Bernier made the comments in the wake of widespread spending announcements by the Trudeau government, which he argues has been using the financial crisis to funnel money to special interest groups.
“The gold standard forces politicians to be fiscally responsible,” says Bernier. “The Trudeau Government is spending money every day that we don’t have. But in the end we have to pay, and the price will be inflation.”
Bernier argues that ordinary Canadians are bearing the brunt of these policies. “Inflation is a hidden tax that transfers money in a sneaky way. We are seeing rising prices in things that people need, like food. But for stuff that they don’t need, like airline tickets, they are falling.”
“The U.S. dollar is the international currency, but that has to change,” says Bernier. “The Constitution forced the American government to back coinage by gold or silver. But now it is backed by nothing.”
moar at https://www.sprottmoney.com/Blog/maxime-bernier-becomes-first-major-western-political-leader-to-call-for-a-gold-standard-peter-diekmeyer-june-02-2020.html