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Mike, I am fascinated by the brief drop in the red line that starts at the 1991 recession and lasts about three years. Immediately thereafter, there was a marked improvement in economic performance -- enough to allow the blue line to fall. (Not that we need the blue line to fall.)
A reduction in the red line enables the growth that allows the impossible to happen.
I would like to see the purchasing power of the equivalent goods of the USD and another line versus gold on this same logarithmic chart, notice the acceleration in the curves has we go to the right hand side, this volatility is a bad sign and will cause society to have a backlash, slow steady moves are better and more stable, not the shuttle launch to the moon straight up move. IMO
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So it looks pretty obvious from the chart that by raising the Fed'l debt, the private debt goes down.
Mike, I am fascinated by the brief drop in the red line that starts at the 1991 recession and lasts about three years. Immediately thereafter, there was a marked improvement in economic performance -- enough to allow the blue line to fall. (Not that we need the blue line to fall.)
A reduction in the red line enables the growth that allows the impossible to happen.
Thanks, Tom!
I would like to see the purchasing power of the equivalent goods of the USD and another line versus gold on this same logarithmic chart, notice the acceleration in the curves has we go to the right hand side, this volatility is a bad sign and will cause society to have a backlash, slow steady moves are better and more stable, not the shuttle launch to the moon straight up move. IMO
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