Lawsuit: gov debt need not be interest-bearing

[Evan]

Check out constitutional lawyer Rocco Galati’s interview regarding his class-action lawsuit against the Canadian federal government over the way it borrows money. Galati discusses how the federal government could have borrowed interest-free money from the Bank of Canada and the consequences of the decision to obtain interest-bearing loans from commercial banks instead.

The Bank of Canada is the only Central bank in the G8 countries that is still a public bank. The rest of the Central banks in the G8 are private banks.
Does anyone know any other countries that still have a public Central bank?

Any ideas about ways of attracting the mainstream media to this lawsuit or similar lawsuits in the future?

[video]https://www.youtube.com/watch?v=9W4a9xzc_AY[/video]

[Anonymous]

interest-bearing loans from commercial banks instead of those from the Bank of driving directions Canada and the repercussions of that decision.

[heavilycreepy]

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[Author]

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