The Impact of Government Spending on Inflation and Housing Prices

💸Government spending has tripled taxes on home heat, gas, and groceries and added $20 billion of inflationary spending, driving up the cost of living.

📈Inflationary deficits have bid up the cost of goods and interest rates, impacting businesses, farmers, and workers.

💥The Prime Minister has added $100 billion of debt before the first COVID case and broke his promise of a deficit not exceeding $10 billion.

🏢Local government gatekeepers are preventing housing construction and driving up costs by delaying projects.

💰Quantitative easing, or money printing, has contributed to inflation, benefiting financial institutions at the expense of ordinary Canadians.

What is driving up housing prices in Canada?

—The combination of local government gatekeepers preventing housing construction and the Prime Minister's irresponsible borrowing and money printing is contributing to the inflated housing prices.

Why is inflation increasing?

—Inflation is increasing due to government spending, which has led to inflationary deficits, higher taxes, and increased cost of living.

Has the government's borrowing contributed to the rising inflation?

—Yes, the Prime Minister's borrowing has added significant debt and deficits, contributing to inflation and higher interest rates.

How is local government impacting housing construction?

—Local government gatekeepers are causing delays and limiting housing construction, driving up costs and exacerbating the housing crisis.

Who is benefiting from quantitative easing?

—Financial institutions are benefiting from quantitative easing as they profit off the government's money printing, while ordinary Canadians bear the brunt of inflation.

00:08Government spending has tripled taxes on home heat, gas, and groceries and added $20 billion of inflationary spending, driving up the cost of living.

02:42Local government gatekeepers are preventing housing construction and driving up costs by delaying projects.

03:48The Prime Minister's borrowing has added significant debt and deficits, contributing to inflation and higher interest rates.

05:31Quantitative easing, or money printing, has contributed to inflation, benefiting financial institutions at the expense of ordinary Canadians.