• 18:51 - 22:00
Paul Hellyer | The Money Mafia, Secret Alien Alliances, & You
Milton Friedman Monetarism, Infrastructure Decay in Toronto
The adoption of monetarism, influenced by Milton Friedman and the University of Chicago, led to the abandonment of zero-cost government money in favor of private bank credit. This policy shift is cited as the primary reason for the decay of public infrastructure, such as 100-year-old water mains and bridges in cities like Toronto. Hellyer characterizes the current system as "grand larceny" where bankers set rules that siphon off tax revenue for interest payments.