Who are you trying to fool?That's misinformation. Please review the guidelines.
Both of those are factually wrong as well.The wages has not even close to kept with that pace... (inflation pace]
The money supply is inflated at a rate much higher than the actual growth of goods and services, and wages have not kept up
Again who are you trying to fool?Both of those are factually wrong as well.
Please provide sources or retract the claims.
It is possible that you are just confused, as some of your claims contradict each other, but either way, you can't continue like this.
What was your point in posting debt as % of GDP if you don't want to accept that it declined, drastically after WWII? Also, what is the point of posting absolute debt figures over a hundred years in http://en.wikipedia.org/wiki/Real_versus_nominal_value_%28economics%29" [Broken]terms, that is uncorrected for inflation? To illustrate, the 1910 figure, $2.6B, was a lot of money back then, but in today's money Bill Gates could pay it off in an afternoon.Again who are you trying to fool?
Year Gross Debt in Billions as % of GDP
1910 2.6 n/a
1920 25.9 n/a
1930 16.2 n/a
1940 43.0 52.4
1950 257.4 94.1
1960 290.5 56.1
1970 380.9 37.6
1980 909.0 33.3