Chart of the Week 09 January 2014
This week I will frame the inflation vs. deflation alternatives in terms of the ultimate basic parameter by which the terms can be defined: debt as a percentage of GDP. It is important to understand exactly how debt and the two “flations” are related. You may find that the definitions are not quite what you may have thought.
Debt and inflation vs. deflation are discussed in this week’s 3 1/2 minute Chart of the Week video.