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A Move to a Hard Currency Standard is the Best Way to Fix Canada’s Teetering Economy

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Gold, the basis of monetary value, at the U.S. Mint at West Point, New York, 2012. AP/Mike Groll
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A Move to a Hard Currency Standard Is Coming Into Focus as the Best Way To Fix Canada’s Teetering Economy

CONRAD BLACK
Saturday, January 13, 2024 10:05:00 am

Could the country — by fixing its currency to a combination of precious metals, oil, basic housing, and food — emerge as the leader in a world economy badly in need of reform?

Canadians have been advised to prepare themselves for economic stagnation for the first half of this year and a reduction in the whole year in per capita net income for Canadians. I find myself resistless against the temptation to inflict upon patient readers yet again my program for a radically different approach to fiscal and monetary management.

This program will capitalize on Canada’s strengths and resume the long-lost progress toward being, except for petro-states and tax haven states, the wealthiest per capita country in the world except for America, and with a more prosperous lower income bracket than America.

Read Full Article:
https://www.nysun.com/article/a-move-to-a-hard-currency-standard-is-coming-into-focus-as-the-best-way-to-fix-canadas-teetering-economy

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