Maxime Bernier Becomes First Major Western Political Leader to Call for a Gold Standard - Peter Diekmeyer (June 02, 2020)

Jun 04 19:06 2020 Print This Article

June 02, 2020

Maxime Bernier, who recently

became the world’s first major leader to call for the re-imposition of the gold

standard, is quietly carving out a niche as one of the country’s most

innovative monetary policy thinkers.

“Central banks are printing

massive amounts of currency to prevent the economy’s collapse under the weight

of debt,” says Bernier, leader of the People’s Party of Canada. “The fiat money

system is bankrupt.”

Bernier made the comments

in the wake of widespread spending announcements by the Trudeau government,

which he argues has been using the financial crisis to funnel money to special

interest groups.

“The gold standard forces

politicians to be fiscally responsible,” says Bernier. “The Trudeau Government

is spending money every day that we don’t have. But in the end we have to pay, and

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Established in February 2008, Sprott Money Ltd. is a leading precious metals wholesale, institutional and retail dealer selling gold, silver and platinum bars, coins and wafers online and over the phone. Sprott Money's storage program gives clients the ability to store their precious metals in multiple storage facilities located in Canada, the United States and internationally. Sprott Money Blog, which covers world events, geopolitics and of course precious metals.

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