Money supply growth across G7 economies significantly outpaces economic growth, with Canada's M2 up 368% since 2004 versus 159% GDP expansion.
Macro & Markets ·
Money supply growth has significantly outpaced economic expansion across G7 economies since 2004, with Canada's M2 increasing 368% compared to 159% GDP growth, the US experiencing 279% M2 growth versus 171% nominal GDP expansion, and Japan seeing 90% M2 growth against just 25% economic expansion. France's M2 surged 258% and the Euro Area's grew 211%, both far exceeding their respective nominal GDP gains of 84% and 102%. The widening gap between money creation and economic output is evident across all major developed economies measured.