Quote:
Originally Posted by Yoho
I’d be interested to see your source on this thank you.
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On the numbers? I calculated the numbers myself based on Bank of Canada monetary aggregates (M2 gross):
https://www150.statcan.gc.ca/t1/tbl1...pid=1010011601
But here are the M2 gross numbers themselves:
January 1970: $31.8B
January 1980: $126B
January 1990: $346B
January 2000: $478.8B
January 2010: $975.7B
January 2020: $1.81T
August 2023: $2.44T
And I was high on the 2020-23 number; it's actually 8.4% annualized.