Money supply is significantly outpacing economic growth across major economies:
Canada's M2 money supply has grown +368% since January 2004, the largest increase among G7 economies.
By comparison, the Canadian economy has expanded +159% over the same period.
The US follows, with M2 growth of +279% versus a +171% increase in nominal GDP.
Meanwhile, M2 in France has surged +258% and +211% in the Euro Area, both outpacing nominal GDP growth of +84% and +102%, respectively.
In Japan, M2 has grown +90% since 2004, while its economy expanded just +25%, the slowest pace among G7 economies.
The gap between money creation and economic growth is widening.
Continental Congress HAS SIGNED A DECLARATION OF INDEPENDENCE!
The UNITED STATES are OFFICIALLY INDEPENDENT from BRITAIN.
LIBERTY BELLS ring out throughout Philadelphia; the streets ERUPT IN ECSTASY.
@Joshua_Seal21@lelandcwilkins@MJTruthUltra I stand corrected. After digging in a bit it appears the original intent was more of a fund for investment. That lasted 4 years before it was amended. So while the current model has certainly been fluid over the years it has only been since 1939 that we lost gov investment accts
@Joshua_Seal21@lelandcwilkins@MJTruthUltra I get where you’re coming from and what you’re saying. What I’m saying is they designed it to be this way. They actually designed the system to be: Collect money from one tax payer and give it to another. They never intended the money to be set aside and invested for you later.
@WarHorseTac@UtahFlatRanger So people are doing their part to their country by spending money instead of accruing some wealth? I’m not one to say there isn’t a problem with housing prices. But to say people need to sell their homes so others can buy cheaper is bananas.
@lelandcwilkins@MJTruthUltra Also the amount of people paying in vs the people drawing. Boomer math is a bit off right now due to the high number of retirees.
@gunsnrosesgirl3 Choose what I think about and let the thoughts run, about the topic of my choice. Takes some practice, and in the meantime you’re thinking about what you want/like