You often see me show debt in two mismatched time series, as in this recent graph:
|Graph #1: Accumulated Debt relative to the Quantity of Base Money|
Here's how other people handle the mismatch:
Looks like they made it match, huh.
Well yeah that's exactly what they did: They made it match. Read the fine print below the graph. (You can click the graph to see a bigger version.) What the fine print says is, "the Historical Statistics of the United States series is scaled (down) to match the Flow of Funds data."
Their method gives a graph that doesn't raise questions the way mine does. But I think it is their scaling of given data to obtain a convenient similarity is the thing that ought to be questioned.
Two different ways of measuring debt? That doesn't bother me at all.
(Off topic, but why they always show debt relative to GDP is beyond me.)