When you get stuck with gold plating over lead you stop accepting it and the value drops rapidly. It is much easier to check paper money than it is for a shop keeper to assay the gold people were coming in to buy food and such with. Although a gold backed or gold currency would be preferred, the problem of gold itself was presented in the Cyprus financial collapse. Meaning the likelihood of hyper inflation is extremely low unless some other factor like an EMP or Nuclear strike wipes out the financial centers. When so many other countries are actually in worse shape than the usa, we have no problem selling those Treasuries. That could still happen in the usa despite the current diversion. You have to pay the bank to "take and hold" your money in the form of bonds. In some other countries of Western Europe and Japan, negative interest rates have occurred. Selling Tbond, Tnotes, and Tbills is borrowing rather than printing. I suspect that there are several and some forgotten as is the case with what I[ve seen.Īlthough it is claimed as "money printing" the US Treasury has sold debt at record low interest rates. Canada (Attorney General), 2011 FC 309 or ]Īlthough I agree with much of Nalliah T's comments, it would be nice to have a list of information sources so that we could read them as well. Costs are awarded to the applicant for reasonable disbursements incurred in the amount of $136.46, the total of the applicant's expenses from December 1999 to March 22, 2000, in a statement submitted by him at the hearing of this application.Ĭ) T-2137-99, Bradley v. This Court has jurisdiction to consider costs only in relation to this proceeding, not for the earlier proceeding. Incurred in this application, and in his earlier application in Court file T-157-98, dealt with by Mr. Bradley asked for costs relating to expenses he Goes setting aside the decisions of the VRAB here in question and referring the matter for reconsideration by a differently constituted panel of the Board. For the reasons set out, this application for judicial review is allowed, and an Order Canada (Attorney General), 2001 FCT 793 or For these reasons, this application for judicial review is allowed, the decision of the Board is set aside and the applicant"s application for a pension is referred back to the Board for rehearing and redetermination by a differently constituted panel, without costs.ī) T-2137-99, Bradley v. In so refusing, it failed to consider the evidence before it and the relevant provisions of law in accordance with the interpretive obligations imposed on it by section 2 of the Pension Act and sections 3 and 39 of the Veterans Review and Appeal Board Act.īased on the foregoing, I conclude that this application for judicial review should be allowed, that the decision of the Board should be set aside and that the applicant"s application for a pension should be referred back to the Board for rehearing and redetermination by a differently constituted panel. The Board simply refused or neglected to enter upon an examination of the question as to whether or not the applicant"s disability resulted from injuries that arose out of or were directly connected with his military service in peace time, taking into account paragraph 21(3)(f) of the Pension Act. I find that the error of the Board in adopting the wrong test to determine the applicant"s entitlement to a pension is a jurisdictional error. I would conclude in the same way Gibson J. My assessment is to the effect that evidence that the applicant was on training was ignored by the Board, which is a consideration directly relevant to the determination of whether the claimed condition was connected to military service in accordance with section 21(3)(f) of the Pension Act. Canada (Attorney General), 1999 CanLII 7476 (F.C.) or
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