Unproductive Canadians on Welfare are getting the Canada Emergency Response Benefit reserved for Canadians who have stopped working because of the Government response to COVID-19 – May 26, 2020,
I’m not going to waste time on this because I knew it would happen, most Canadians knew it would happen and the reality is this is one of the reasons why I don’t save Canadian fiat currency. There’s no integrity to the Canadian dollar and all roads point to hyper-inflation and the Canadian dollar is separated from productivity and is instead nothing more than hot potato currency that will inevitably lose more and more of it’s purchasing power.
I’m not sure how many terms Justin Trudeau or the Liberal Party of Canada will get, but it’s pretty clear at this point to see that Canadian dollars will buy fewer stuff in the future as Justin Trudeau continues to spend recklessly.
Interesting times ahead!