Now take the same chart and make the Y axis logarithmic and you see that actually inflation is well under control since 1982.
ftp://ftp.bls.gov/pub/special.requests/cpi/cpiai.txt
Friday, May 13, 2011
Charting the CPI-U since 1913 for USA
If you plot the chart for inflation data from 1913 to 2011 Apr, you would think that inflation is rampant and growing very fast as seen below.
Now take the same chart and make the Y axis logarithmic and you see that actually inflation is well under control since 1982.
Now take the same chart and make the Y axis logarithmic and you see that actually inflation is well under control since 1982.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment