
Click to enlarge.
See Also:
Candy Mountain Revisited
Source Data:
St. Louis Fed: Custom Chart
I live in the USA and I am concerned about the future. I created this blog to share my thoughts on the economy and anything else that might catch my attention.
2 comments:
All that spending in the numerator was to reduce denominator. Until it wasn't.
Rob Dawg,
That's probably a very good way to look at it. Sigh.
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