The Phaserl


Destroying Confidence – the Last 40 Years

by Gary Christenson, Deviant Investor:

Chart 1: Confidence in the US congress per Gallup surveys. The downward trend is clear.

Chart 2: Same data for confidence in US congress but plotted on an inverse scale so we see an increasing line.

Chart 3: Official US consumer price index. This is the official, but clearly understated, increase in prices since 1973.

Chart 4:  Official US national debt plotted on a log scale so an up-trending straight line indicates an exponential increase – averages more than 9% per year.

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