Monday, January 16, 2017

The evolution of Real Debt growth, 1948-1993

Real Debt did not run flat until the 1980s and then suddenly explode. It was always rising.
The graph shows Federal debt because I had that graph handy. But the acceleration of debt growth is similar for private debt and for total (public plus private) debt.

The animated GIF was easy to create from individual GIF images at