| Subject: | Re: [socialcredit] Re: U.S. economic data | | Date: | Thursday, February 23, 2006 15:42:10 (-0700) | | From: | Martin Hattersley <hattersleyjm @.........com>
|
Thanks -that makes it much clearer!
Martin Hattersley
1970-10123-99 St. Edmonton AB Canada
Phone (780)423-2081; Fax (780)425-5247
e-mail: jmartinh@shaw.ca
hattersleyjm@interbaun.com
----- Original Message -----
From: John Hermann
To: socialcredit@elistas.com
Sent: Thursday, February 23, 2006 1:06 AM
Subject: [socialcredit] Re: U.S. economic data
For some reason the captions to the diagrams that I posted did not show up on
Martin Hattersley's computer. The file should be opened in a more recent version
of Word for Windows, as the diagrams have been embedded. Any other format will
presumably give problems. The captions are reproduced below.
I calculated the time-dependent quantities using raw data obtained from
official tables (which are freely accessible on the web). The comparisons and the
graphical plots were then implemented using appropriate software. The material
was subsequently incorporated in my published article "debt and the growth
imperative", which can be accessed on the web. One of these graphs was also
incorporated in a paper that I wrote describing a mathematical model of debt
growth (the paper is fairly mathematical, but can be comprehended by anyone with
a good working knowledge of college algebra and calculus). I will be happy to
email a copy of either item on request.
Regards,
John Hermann
Economic Data for the United States
Figure 1
Time rate of increase (natural logarithmic scale) of (a) total debt (Prof
Robert Blain's data), (b) nominal GDP, (c) money supply M2, and (d) money supply
M1
The graphs depict the natural logarithm of each of these aggregates as a
function of the calendar year over a 24-year time span. The source of the
monetary and GDP data is the Report of the Board of Governors of the US Federal
Reserve System. All figures were taken in December each year, and are measured
in $(US)billion. The dotted lines are the linear best fits. It can be seen that
the secular trend for all of the quantities plotted is exponential growth with
close to the same growth constant.
Figure 2
(a) Red: Rate of change of total debt (Prof Robert Blain's data) plotted as
the natural logarithm of this quantity.
(b) Blue: Rate of change of monetary aggregate M2 plotted as the natural
logarithm of this quantity.
(c) Black: Rate of change of real GDP.
(d) Green: Prime interest rate.
Note: Curve (c) has been scaled down by a factor of 200, while curve (d) has
been scaled down by a factor of 5, for convenience in comparing the quantities
---------------------------------------------------------------------
Some introductory materials to the discussion topic of this list are at
http://www.geocities.com/socredus/compendium
You're subscribed to this list with the email hattersleyjm@interbaun.com
For more information, visit http://www.eListas.com/list/socialcredit
------------------------------------------------------------------------------
No virus found in this incoming message.
Checked by AVG Free Edition.
Version: 7.1.375 / Virus Database: 268.0.0/268 - Release Date: 2/23/2006
------=_NextPart_000_0028_01C6388F.B5AAB460
Content-Type: text/html; charset=iso-8859-1
Content-Transfer-Encoding: quoted-printable
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<HTML><HEAD>
<META http-equiv=Content-Type content="text/html; charset=iso-8859-1">
<META content="MSHTML 6.00.2900.2802" name=GENERATOR>
<STYLE></STYLE>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT face=Arial size=2>Thanks -that makes it much
clearer!</FONT></DIV><FONT face=Arial size=2>
<DIV><BR>Martin Hattersley<BR>1970-10123-99 St. Edmonton AB Canada<BR>Phone
(780)423-2081; Fax (780)425-5247<BR>e-mail: <A
href="mailto:jmartinh@shaw.ca">jmartinh@shaw.ca</A><BR>
<A href="mailto:hattersleyjm@interbaun.com">hattersleyjm@interbaun.com</A></DIV>
<DIV> </DIV>
<DIV></FONT> </DIV>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT:
#000000 2px solid; MARGIN-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A title=hermann@picknowl.com.au href="mailto:hermann@picknowl.com.au">John
Hermann</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A title=socialcredit@elistas.com
href="mailto:socialcredit@elistas.com">socialcredit@elistas.com</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, February 23, 2006 1:06
AM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> [socialcredit] Re: U.S. economic
data</DIV>
<DIV><BR></DIV><FONT color=#0000ff><BR>For some reason the captions to the
diagrams that I posted did not show up on Martin Hattersley's computer. The
file should be opened in a more recent version of Word for Windows, as the
diagrams have been embedded. Any other format will presumably give problems.
The captions are reproduced below. <BR><BR>I calculated the time-dependent
quantities using raw data obtained from official tables (which are freely
accessible on the web). The comparisons and the graphical plots were then
implemented using appropriate software. The material was subsequently
incorporated in my published article "debt and the growth imperative", which
can be accessed on the web. One of these graphs was also incorporated in a
paper that I wrote describing a mathematical model of debt growth (the paper
is fairly mathematical, but can be comprehended by anyone with a good working
knowledge of college algebra and calculus). I will be happy to email a copy of
either item on request.<BR><BR>Regards, <BR>John
Hermann<BR><BR><BR></FONT><FONT size=4><B>Economic Data for the United
States<BR><BR></FONT><FONT color=#800000 size=4>Figure
1<BR><BR></B></FONT>Time rate of increase (natural logarithmic scale) of (a)
total debt (Prof Robert Blain’s data), (b) nominal GDP, (c) money supply M2,
and (d) money supply M1 <BR><BR>The graphs depict the natural logarithm
of each of these aggregates as a function of the calendar year over a 24-year
time span. The source of the monetary and GDP data is the Report of the
Board of Governors of the US Federal Reserve System. All figures were
taken in December each year, and are measured in $(US)billion. The dotted
lines are the linear best fits. It can be seen that the secular trend
for all of the quantities plotted is exponential<FONT size=4> </FONT>growth
with close to the same growth constant. <BR><BR><FONT color=#800000
size=4><B>Figure 2<BR><BR></B></FONT>(a) Red: Rate of change of total debt
(Prof Robert Blain’s data) plotted as the natural logarithm of this
quantity.<BR>(b) Blue: Rate of change of monetary aggregate M2 plotted as the
natural logarithm of this quantity.<BR>(c) Black: Rate of change of real
GDP.<BR>(d) Green: Prime interest rate.<BR><BR><BR>Note: Curve (c) has been
scaled down by a factor of 200, while curve (d) has been scaled down by a
factor of 5, for convenience in comparing the quantities <BR><BR><BR><BR><BR>
<P><PRE>---------------------------------------------------------------------
Some introductory materials to the discussion topic of this list are at
http://www.geocities.com/socredus/compendium
You're subscribed to this list with the email hattersleyjm@interbaun.com
For more information, visit http://www.eListas.com/list/socialcredit
<P></P></PRE>
<P>
<P>
<HR>
<P></P>No virus found in this incoming message.<BR>Checked by AVG Free
Edition.<BR>Version: 7.1.375 / Virus Database: 268.0.0/268 - Release Date:
2/23/2006<BR></BLOCKQUOTE></BODY></HTML>
------=_NextPart_000_0028_01C6388F.B5AAB460--
--=======AVGMAIL-43FE3A425BAA======Content-Type: text/plain; x-avgÎrt;
charset=us-ascii
Content-Transfer-Encoding: quoted-printable
Content-Disposition: inline
Content-Description: "AVG certification"
No virus found in this outgoing message.
Checked by AVG Free Edition.
Version: 7.1.375 / Virus Database: 268.0.0/268 - Release Date: 2/23/2006
|
Re: [socialcredit]
Reply to this message