Quote:
Originally Posted by Jason14h
Between Crypto and Governments printing money to their hearts content all historical precedence is out the door IMO
|
What are you talking about? The pace of money creation over the last 10-20 years is basically nothing compared to what was going on in the '70s and early '80s.
From 1970-1983, Canada's M2 increased by about 15% a year. That's about the same amount it increased in 2020 in response to COVID, except for over a decade straight.