Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
notme
on 30/07/2014, 16:35:41 UTC

Don't worry  Wink  Cool


Sure, but percent change from 1 year prior is still well below historical norms.

If you want to look at the data in other ways, you can play with the view here: http://research.stlouisfed.org/fred2/series/TCMDO

Debt growth has slowed and remains slow.  Everything will look exponential if you look at it in nominal terms because the dollar has devalued exponentially.

Debt growth has continued and debt remains huge.

FTFY

Debt growth has indeed slowed, as any six grader could understand from the data I presented.  However, we can't afford any growth in debt because of the massive excesses prior to 2008, particularly throughout the 70s and 80s.