Rather than using Quantative Easing, or printing money out of thin air, as the US Federal Reserve Bank does all the time, it is important for Canada to bring down the dollar to remain competitive with the US in terms of exports by devaluing the dollar below US dollar. How this can be achieved without Quantitative Easing methods is to loosen up immigration to even the unskilled industry so that they can send money back to their countries. The selling off of the Canadian dollar will help keep it cheap, thus enabling Canada to export to the US which is facing a depression. We need a million more unskilled immigrants to work in the security industry to cut down overtime, and bring in a million nurses to cut down overtime, thus being able to get more nurses for the same money. This will shorten the waiting times when people have to wait in the Triage while they have an open wound. You get improved quality and speed with increased manpower with the same number of dollars. We need the 2 year diploma nurses back, and allow more people into nursing so that they can help more people.
Devaulation of the Canadian Dollar to Help the Economy |
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