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Where the Money Is

I’ve been looking for macroeconomic data, and found this chart.  Remember, sociologists have been split off from economists for over a century – so I am definitely not an expert on the topic – but it feels like this chart has some face validity.

The chart comes from an article at treeofwoe.substack.com .  Another graph shows the declining GDP of Canada, France, Germany, Italy, Japan, the UK and the US.

I’m definitely not an economist – but I’ve recently been watching one of the Great Courses on western history.  It reminded me how Roman inflation can be assessed by watching the content of silver in the Denarius coins. 

(Chart from armchairprehistory.com)

Somehow, it seems that our 20th and 21st Century leaders may not have known anymore than the old Roman emperors 2000 years earlier.

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