Zone1 Was the USA TAXPAYER the real target for the massive error by P. M. Pierre E. Trudeau in 1974?

[DennisPTate]

I have seen a couple of graphs about the growth of the national debt of the United States as well as the growth of the national debt of Canada since 1974 and these graphs are virtually identical.

I believe that IN ORDER TO SET THE STAGE for the fact that these two graphs would be essentially the same Prime Minister Pierre E. Trudeau may have been pressured or perhaps even BLACKMAILED into making what could be argued was one of the most colossal OBVIOUS mistakes ever made by a sitting Canadian Prime Minister.

Why else other than some form of blackmail or extreme pressure would have caused Prime Minister Pierre E. Trudeau to make such an obvious and huge error?

I believe that this theory should be investigated by CSIS because the situation that the USA and Canadian economies will be in over the coming two to three decades means it is critical that obvious deceptions NOT be continued.

Here is the graph of the growth of the Canadian national debt from 1919 to 1983:

Here is essentially the identical same graph about the growth of the national debt of the USA also from 1919 to 1983:

https://www.michaeljournal.org/images/books/In-This-Age-of-Plenty/us-public-debt-graphic.jpg

I actually attempted to mount a campaign against Mr. Justin Trudeau before he became National Leader of Canada's Liberal Party and an important part of my platform was to simply apologize for the seriously awful error made by Prime Minister Pierre E. Trudeau back in 1974 that I believe was done deliberately by extremely influential "Neo-Malthusians" in BigBanking who believed that it is THEIR DUTY to set in motion the basic idea behind the 2010 Bill Gates lecture, "Innovating to zero."


The Canadian and USA economy are facing the real possibility of a "Dystopian Nightmare" as robotics and Artificial Intelligence replace a high percentage of our workers over the next twenty to thirty years and if the rather obvious implications of P. M. Pierre E. Trudeau's massive error from 1974 does not become common knowledge in Canada and in the USA THEN BOTH OF OUR GOVERNMENTS, will just keep on giving essentially all real POWER to BigBanking!

Under our rather extreme set of circumstances now at the end of 2025, we Canadians are forced to become more well informed about our history and how what happened here affected the USA?

AMERICAN CITIZENS need to understand how what I believe was a massive deception over fifty years, was pulled off on all elected officials in the USA, by the deliberate messing up of an excellent Bank of Canada policy.

My suspicion is that the Banking official from Europe may have had damaging video footage that Prime Minister Pierre E. Trudea did NOT want to be made public and that is VERY POSSIBLY one of the most logical reasons as to why he would make such a huge and obvious error back in 1974?



I believe that the basic idea behind "innovating to zero" is obviously part of the flavour or mix in essentially everything that Prime Minister Justin Trudeau did, but THERE IS A GOOD SIDE TO ALL OF THIS, it seems to me as if forty five million Canadians are all set up for a number of Class Action Lawsuits based on the events of the last decade plus, some of the evidence that is put forward in www.TheyLied.ca/


Perhaps the way to reduce the power of the Neo-Malthusians can begin here in Canada with their highly vulnerable arm, the C.E.O.'s of BigPharma.


If we do not understand about the colossal error made by Prime Minister PIERRE E. TRUDEAU in 1974, we will be unable to put all the pieces of the puzzle together.

Here is the one paragraph that I believe proves that Prime Minister Pierre E. Trudeau's error from 1974 was set up significantly to allow for a deception to take place in Washington, D. C.

[Ms. Betty Krawczyk] "So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest." [Ms. Betty Krawczyk]

[Ms. Betty Krawczyk ] :

HOW PIERRE TRUDEAU TURNED US INTO DEBT SLAVES
Click on the link above to watch Part 3 of my video series on the Canadian Banking System. Please also read accompanying text below.
Trudeaumania was just gearing up when I immigrated to Canada in late 1966. I, too, was impressed with Trudeau. He was intelligent, articulate, with liberal ideas. And as Prime Minister, Trudeau repatriated the Canadian Constitution and told the morals’ police to stay out of people’s bedrooms. But then…but then. As Anthony’s famous speech in Shakespeare’s play Julius Caesar reminds us… “the evil that men do live after them while the good is often interred with their bones. So let it be with Caesar.”

But somehow this worked backward for Trudeau. Many Canadians still think highly of Pierre Trudeau, but in 1974 he did one terrible thing that changed the lives, for present and future, of all Canadians, for the worse. Trudeau gave the leading operations of the Bank of Canada over to the private banks operating in Canada.

The Bank of Canada was first established by Prime Minister Richard Bennet in 1935 as a private central bank, but was then nationalized by William Lyon Mackenzie King in 1938. By nationalizing the bank, Mackenzie King meant for it to belong to the people so the Canadian government could borrow funds with little or no interest for capital expenditures. The mandate of the newly nationalized Bank of Canada was to act as the banker to the government and to manage the public debt. As Mackenzie King famously said: “Once a nation parts with the control of their currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of sovereignty of parliament and of democracy is idle and futile.”

So the Bank of Canada was nationalized in 1938 and the government could now borrow money with little or no interest. And it worked. The Canadian government built freeways, public transportation systems, subway line, airports, the St. Lawrence Seaway and funded a national health care system and the Canada Pension Plan. But then Trudeau, under the influence of the international financial group called Basel’s
Committee’s Recommendations (The Basel Committee on Banking Supervision) made the decision to halt the borrowing of money from the Bank of Canada, and instead, chose to borrow from the private banks who instead of lending to the government at no interest, or low interest, introduced higher interest rates along with compound interest.

All banks know very well the magic of compound interest. And Pierre Trudeau must have known that the mounting compounded national debt would lead to Canadians eventually owing a dollar fifty for every dollar of their disposable incomes. After all, he studied economics at the London School of Economics. Surely the professors there knew about compound interest.

So Pierre Trudeau, instead of feeling blessed that Canada, unlike the US, had a nationalized central bank, signed our bank away to the private banks. Couldn’t Trudeau, such an educated man, surmise that citizens in a few years would be struggling to make car payments and meet rent and mortgages and student loans and to buy healthy food while last year’s profits for the big five (that’s Royal Bank, TD Bank, Scotiabank, Bank of Montreal and CIBC amounted to $31.7 billion?) If he did, he didn’t care. But it doesn’t have to be this way. It really doesn’t. Our Bank of
Canada is still there. Next time." (Ms. Betty Krawczyk)

I am of the belief that the Canadian Federal Deficit is significantly a Practical Joke of sorts being played on nearly forty five million Canadians, but I believe that the true target of the massive error made by Prime Minister Pierre E. Trudeau was very likely USA TAXPAYERS and of course the elected officials in Washington who were set up to preside over the massive spiralling out of control of the national debts of both Canada and the USA, [which just happens to be what the Neo-Malthusians is a necessary part of how to accomplish the goal of REDUCING THE WORLD POPULATION of 2010 that was about six point eight billion people back then, down to two or three billion people!

The Neo-Malthusians need a crisis that they can step in as the "Saviours" for which set the stage for the "Dystopian Nightmare" that Mr. Mo Gawdat warns us about.

Here are the two graphs that obviously are almost identical but I submit IF THE RATHER BRILLIANT 1938 TO 1974 BANK OF CANADA POLICY HAD BEEN CONTINUED THEN THE TWO GRAPHS OF THE GROWTH OF THE NATIONAL DEBT OF THE USA VS THE GROWTH OF THE NATIONAL DEBT OF CANADA WOULD HAVE BEEN DIFFERENT!!!!

IF THE BANK OF CANADA HAD CONTINUED TO BE USED TO CREATE A SIGNIFICANT PERCENTAGE OF THE MONEY SUPPLY HERE IN CANADA EACH YEAR THEN THE GROWTH OF THE NATIONAL DEBT OF CANADA WOULD NOT HAVE BEEN ONE OF THOSE "HOCKEY STICK SHAPED GRAPHS."


This is essentially the argument put forward by several Canadian economists! Ms. Betty Krawczyk is NOT the only student of Canadian economic history who has explained all of this.

...
By Harold Chorney, John Hotson and Mario Seccareccia:


“Governments these days find it easy to defend cuts in services and programs. All they have to do is point to their annual deficits and their total accumulated debts. (As of March, 1994, Canada's public debt was about $546 billion.) This public debt provides the politicians with a convenient excuse for cutting spending or raising taxes. Or both. “We're broke”, they tell us plaintively. “We can't afford to increase public services, or even keep them at their present level.”
...
...
The creation of money



“One of the most pervasive myths about the government deficit is that governments which spend more than they receive in revenue must borrow the difference, thus increasing the public debt.

“In fact, a government can choose to create the needed additional money instead of borrowing it from the banks, the public, or foreigners.

“Business and the conservatives in politics and the media are horrified by the suggestion that the government exercise its right to create more money. They claim it would precipitate another ruinous bout of inflation.

“But money creation is money creation — whether by a private bank or the Bank of Canada. And a government in debt only to the government's own bank is not really in debt at all. If it wants to go through the rigamarole of having the Treasury «borrow» from the central bank and later pay interest, that is a minor matter of bookkeeping. As long as the central bank's profits are returned to the Treasury, the results are much the same as if the Treasury had created the money itself.

“There is no reason why the growth of Canada's money supply (averaging about $22 billion annually in recent years) could not be more substantially created by the Bank of Canada. If that policy had been followed, the federal government would not have been obliged to add to its debts to pay interest on old debts. Instead, the Bank of Canada has produced barely 2% of the money added in recent years, while the chartered banks added the rest as they made loans to households, businesses, and all levels of government. At the very least, the Bank of Canada and the chartered banks should share the privilege of creating money on a 50-50 basis.

“Those who dismiss such a proposal as “inflationary” should be required to explain why it would be more inflationary for the government's bank to create $11 billion and the private banks $11 billion, rather than the present practice of having the government's bank create $0.7 billion and the private banks $21.3 billion!

“Clearly the current problem of the Canadian government's deficit is not its absolute size, or its size relative to the GDP, but the insane way it is being financed. A return to the policies of the World War II era, when the Bank of Canada produced almost one-half of the new money at near-zero interest, would do wonders for the economy, while greatly shrinking the deficit... The first order of business for a post-Mulroney-era government must be to regain effective control of the Bank of Canada and make it the primary source of money creation.

“It is ludicrous for the government to put billions of dollars into circulation by borrowing from the private banks, when it can create the extra money it needs, virtually free.”


Banks create money

The Bank of Canada Must Finance our Country, Debt-Free Say Three Economists - Michael Journal

Three economists published a pamphlet “The Deficit Made Me Do It!” in which they affirm that the Bank of Canada Must Finance our Country, Debt-Free.

www.michaeljournal.org

PLEASE NOTICE THIS PARAGRAPH BECAUSE PROFESSIONAL ECONOMISTS DO NOT USE SUCH STRONG LANGUAGE LIGHTLY.

"It is ludicrous for the government to put billions of dollars into circulation by borrowing from the private banks, when it can create the extra money it needs, virtually free.”
Economist Harold Chorney
Economist John Hotson
Economist Mario Seccarrecia]

I believe that 2026 to 2036 it will be necessary to use extremely wise Bank of Canada policy to finance an Unconditional but Taxable Basic Minimum Income Supplement of five hundred dollars per Canadian per month for LIFE, in order to put the money into the Economomy of Canada that will PAY DOWN THE FEDERAL DEFICIT AND SOON THE NATIONAL DEBT OF CANADA AT THE RATE OF ROUGH TWENTY BILLION DOLLARS PER MONTH!
This idea is so simple THAT IF the NDP will choose a national leader who had the courage of Mr. Jack Layton then the NDP will be in a position to ALLY WITH MR. PIERRE POILIEVRE'S CONSERVATIVES WHO WOULD BE UNABLE TO ARGUE WITH A PLAN THAT PAYS DOWN THE NATIONAL DEBT OF CANADA RAPIDLY!

[NATIONAL LEADER OF THE NDP, JACK LAYTON] :

"We never should have privatized our debt and turned it over to the
private banks, we should have kept it in the hands of the Bank of Canada,
at least a major part of it, because then we would have been paying
interest back to ourselves." (NDP Leader Jack Layton)

Oh Canada Movie 6 - Banking - 5
Just after the 2:20 minute mark in this video interview:


I believe that the truth coming out about all of this is one of the big deceptions that President Donald J. Trump wants exposed. President Trump called for "Audit the Fed" which I believe is based on some of his own experiences in life. President Trump knew from what happened to Presidents John F. Kennedy and to President Abraham Lincoln what tended to happen to USA Presidents who show courage in discussing this controversial subject.

https://en.wikipedia.org/wiki/Donald_Trump

Later in 1988, Trump acquired the Taj Mahal Casino in Atlantic City, New Jersey, in a transaction with Merv Griffin and Resorts International.[67] The casino was opened in April 1990, and was built at a total cost of $1.1 billion, which at the time made it the most expensive casino ever built.[68][69] Financed with $675 million in junk bonds[70] at a 14% interest rate, the project entered Chapter 11 bankruptcy the following year.[71] Banks and bondholders, facing potential losses of hundreds of millions of dollars, opted to restructure the debt.

Thread 'Mo Gawdat predicts that A. I. will lead to B. M. I? Is he correct?'

Nov 22, 2025

Mo Gawdat predicts that Artificial Intelligence and robotics will lead to the need for B. M. I., is he correct?

I believe that he is but there are certain aspects of the history of the United States that need to be widely understood before we can get this right.

We must understand that in theory three hundred and fifty million Americans own the USA Dollar itself, [but elected officials have been convinced that they own it due to the influence of a group know as "Neo-Malthusians."

"Ex-Google Exec (WARNING): The Next 15 Years Will Be Hell Before We Get To...

• DennisPTate
• Replies: 33
• Forum: Science and Technology

My desire is to see Canada's New Democratic Party come together with Mr. Pierre Poilievre and his Conservative Party but for two different reasons but one major goal. AN UNCONDITIONAL BUT TAXABLE BASIC MINIMUM INCOME SUPPLEMENT WAS EXPLAINED BY ECONOMIST MILTON FRIEDMAN! The Bloc Quebecois would have to be interested in this idea as well, [and surely there are at least some Liberal M. P's with the courage to admit that this option must be discussed under our extreme set of circumstances as 2025 comes to an end!

 

[DennisPTate]

It is my belief from what I have gleaned from the Canadian News Media that Ms. Tamara Lich should be regarded as a Canadian national hero up there with Terry Fox. Ms. Tamara Lich should be awarded tens of million of dollars in damagers and her reputation should be cleaned up! I think that she needs to be free to do interview after interview HERSELF with honest media people, [obviously NOT the CBC because the CBC has been funded by Canadian taxpayers due to decisions by elected Liberal Party officials].

This may seem off topic at first but I believe this can be the easiest way to put all of this information together?

Perhaps Ms. Tamara Lich should be taken to the USA as a member of a persecuted political group because her freedom to tell all that she knows is actually relevant to the future of the United States economy?

Thread 'Will Ms. Tamara Lich be a multi-millionaire soon?'

Dec 27, 2025

Is a massive dump of information coming out that will likely make Ms. Tamara Lich a heroic figure here in Canada but also in the USA?

WILL CANCER BE DEFEATED BY JUNE of 2026

I am thinking that the answer is YES to both of these questions!

Tamara Lich is a Canadian activist who has organised for the right-wing Maverick Party, the far-right Yellow Vest protests, and the Canada convoy protest in Ottawa.

Lich was among the organizers of yellow vest protests in Alberta in late 2018 and early 2019. Based in Alberta, Lich was also an...

• DennisPTate
• Replies: 1
• Forum: Conspiracy Theories