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Decentralized Democracy

House Hansard - 62

44th Parl. 1st Sess.
May 2, 2022 11:00AM
  • May/2/22 11:08:36 p.m.
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  • Re: Bill C-8 
Madam Speaker, I am not an economist, but I am pretty sure that we will not fix the inflation problem by extolling the virtues of cryptocurrency. There is one thing I do know, which is that seniors are always the first to suffer as a result of inflation. Their purchasing power has not increased, although groceries, gas, prescription drugs and housing costs have all gone up. Everything has gone up. The only thing that has not increased is their old age pension, because the government is incapable of being there for seniors. The government has created two classes of seniors: those aged 75 and over, who got something, and those aged 74 and under, who got nothing. Does inflation affect those under 74 any less? I do not think so.
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