Money supply in Canada more than 250% higher printing than the U.S. The collapse is going to hurt even more due to this.

[shockedcanadian]

This is an incredible chart and illustrated just how low value the Canadian dollar has become. We print far more than any other nation, including the U.S. This will ensure a sharply devalued Canadian dollar in the event of the collapse (Ontario has already began a strongly advised "managed decline" thanks to the Creepy Ones).

 

[DGS49]

I freely admit, I have no idea how the money supply thing works. I suspect that few people do.

 

[shockedcanadian]

I freely admit, I have no idea how the money supply thing works. I suspect that few people do.

Basically we have been manufacturing GDP and when the money supply is so high the residual impact is weak purchasing power. They are artificially "creating" wealth but since scarcity does not exist, it is more worthless.

In some countries when they economies collapse, they print so much money that it costs $100,000 in that currency for a loaf of bread. Or, $10M of that nations dollars is worth $20 American etc.

We have purposely devalued it to attract investment primarily from the U.S but even at .70 to the U.S dollar it is probably over valued in its intrinsic value.

If Canada collapses due to the massive domestic police state and broad corruption, Canadians are going to experience this. Someone who has a million dollars in the bank today and thinks they are wealthy may overnight suddenly realize that all of that corruption and criminal behavior has lead to mass spending and their million dollars only buys a third of what it used to buy.