Why does it feel harder than ever for young people to buy a home? According to Pierre Poilievre, the answer lies not just in planning laws or slow construction — but in the silent erosion of money itself.

In this special episode of The Capitalist, recorded at the Margaret Thatcher Lecture hosted by the Centre for Policy Studies, Canada's Opposition Leader argues that decades of money printing across the Western world have inflated asset prices and widened the gap between rich and poor. If measured in gold, he suggests, housing is actually cheaper than it was half a century ago — but measured in pounds and dollars, it has skyrocketed as currencies lose purchasing power. The result is a generation locked out of ownership while asset holders benefit from inflation.

Drawing on the ideas of Adam Smith and Margaret Thatcher, Poilievre lays out a broader conservative argument for the modern age: restore sound money, dismantle barriers to home building, expand free trade between allied democracies, and rebuild an economy that rewards work and enterprise rather than political connections.

It’s a sweeping defence of free markets — and a call for a new alliance of free nations determined to restore opportunity for the next generation.

Stay informed with CapX's unmissable daily briefings from the heart of Westminster. Go to capx.co to subscribe.

Hosted on Acast. See acast.com/privacy for more information.