This is a rather lengthy article about the Canadian Monetary system. It's a rather lengthy piece but has quite a bit of information.
Interesting Facts:
? Total debt of all levels of Canadian government, individuals, and corporations is $2.27 trillion dollars
? Only $38 billion is legal tender
? Canada has a total money supply (credit supply) of 800 billion dollars
How The Debt Based Monetary System Functions in Canada
Contributed by: whelan costen
Canada Sovereignty is directly tied to our ability to fund our nation. Suffering under $500-billion in unnecessary debt must be addressed. Here is an explanation as to how we got here and what we can do about it.
Article Created: 2005-08-29
Article Updated: 2009-05-15
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