LETTER

 

----- What debt?

 

I keep hearing alarm bells about our nation's debt with the pandemic's bail-outs and "loans", workplace subsidies, etc.  But the money our government is dishing out is in the form of Canadian bank notes -- printed here in Canada. Why is there any debt at all?  Can't Ottawa just print more money and "quantitatively ease" it into the marketplace to avoid excessive or uncontrollable inflation?  Why do the banks get a cut out of every cheque mailed out to families and working people?  Who set this up?  Sorry, Bernie Madoff obviously did not set up the world's biggest Ponzi scheme; he was small fry!

Can anyone explain this economic boot-licking to me?

Andy Black

Aylmer nord