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That is no surprise: "About 20 per cent of all US dollars were created this year." Source: https://www.cityam.com/almost-a-fifth-of-all-us-dollars-were...

Canada has almost quadrupled their M0 supply. This is going to have big consequences for people, but I don't know what those will be.

M0 is not so important. It has increased M3 by around 20% (similar to the US dollar).