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by refurb 1853 days ago
I mean Canada has expanded its money supplier to a larger degree than the US as a percentage of its GDP.

+50% since 2016, +20% since pandemic started.

https://tradingeconomics.com/canada/money-supply-m2

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And their housing price increases are even more absurd than the US. The middle class is trying to hold on to anything they can to protect their savings from inflation and there are very few options remaining for the average person.
Same in Western Europe. Housing is almost unaffordable now after the ECB money printer sprint and free loans from he local banks.