The Races

This first chart shows the economic growth of various nations during the years of the Great Depression.  The red arrows show when each nation abandoned thier commitment to extremely ‘sound money’ as represented by the gold standard.  (The original source  pdf.)

This second chart is about the current recession.  It shows the  correlation  between the level of fiscal stimulus and GDP growth in various countries. Aggressive  stimulus  leads to a faster recovery.

I have wondered how much that first chart is all you need to know about why we ended up at war with the Japanese.  Word for the day: calutron.

3 thoughts on “The Races

  1. Pingback: Ascription is an Anathema to any Enthusiasm › The Tale of the Traitorous Story

Leave a Reply

Your email address will not be published.