Sunday, June 24, 2012

A pretty massive inflation

Following up on the two previous posts...

It took a pretty massive inflation to keep Debt/GDP running flat. The mountain shown here, from the mid-1960s to the early 1980s, that's what did it.

Graph #1: GDP Deflator, rate of change

1 comment:

The Arthurian said...

What cost $100 in 1962, in 1982 cost $290.69 by the Deflator. By the CPI, $319.08.

That's the inflation it took to keep nominal debt/GDP sort of stable.