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But the GDP graph also doesn't look anything like that monetary supply graph. Huh? [0] [0] http://www.google.com/publicdata?ds=wb-wdi&met_y=ny_gdp_mktp_cd&idi
by achompas 15y ago
But the GDP graph also doesn't look anything like that monetary supply graph.
Huh? [0]
[0] http://www.google.com/publicdata?ds=wb-wdi&met_y=ny_gdp_mktp_cd&idim=country:USA&dl=en&hl=en&q=us+gdp+chart http://www.google.com/publicdata?ds=wb-wdi&met_y=ny_gdp_...
- sigil 15y agoCompare those two graphs from say 2006 on. I am mystified that you would look at a graph with a giant, dominant spike, and conclude my point was about the shape before the spike. Edits: To make it clear I'm not arguing with the statement that money supply has tracked GDP fairly well until recently. Or that GDP has trended up exponentially.
- achompas 15y agoOh I get it: this is one of those "man, the Fed is messing up" rants! Yeah, I won't take part except to say (a) you're sampling 4 years of incredibly volatile economic activity, and (b) the other, uh, 96 years exhibit a pretty strong exponential trend.
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