Select Page

Bank Of Canada May Go Back To Sovereign, Debt Free Money.

CLARIFICATION: The court ruled that the Committee on Monetary and Economic Reform (COMER) has the right to sue the Bank of Canada for deviating from their original mandate of debt-free finance. The Bank had previously claimed the issue could not even be questioned in a lawsuit. The next step is for COMER to file a lawsuit that directly challenges whether or not it was legal for the Bank of Canada to change from debt-free finance to debt-based. (Feb. 7, 2015)

– – – – – – – – – –

Canadians sued the Bank of Canada and won. Bill Still says ‘the ruling is expected to have significant repercussions on central banks around the world.’

Advertisements
Advertisements

About The Author

JoAnn Chateau

JoAnn Chateau likes progressive politics and loves the canines. She writes fiction about an alpha Bichon named Chester, and his friends--with a dash of humor and a dab of poli-sci. JoAnn worked professionally in the Psychology and Information Science fields. Retired now, she enjoys the creative life.

Categories

Archives

Advertisements

Shares, Comments & Awards

I love it when someone shares a post with their social network friends. If I’m on that network, I’ll see a notification and will strive to return the favor. ♥

Please add your honest, constructive, and/or witty comments. Your feelings and ideas are important to me and other readers! ♥

Due to the custom theme and plugins on this site, the ‘Re-Blog’ button will not display. Please use ‘Press This’ if you want to re-blog a post. ♥

This blog is award-free (unless a cash prize should be involved). 😊 Still, thanks for thinking of me. ♥

Copyright

Copyright © 2013-17 • All Rights Reserved • JoAnnChateau.com

Advertisements
%d bloggers like this: