Ars is correct on this one (and also resdirector, the topvoted comment right now)- the issue is not money inflation, it's the simple fact that compounding growth will be exponential, always. So if your point is to show that growth rates increased in recent centuries, then you need to show growth rates, or show this but using a log scale.
Comments
Ars is correct on this one (and also resdirector, the topvoted comment right now)- the issue is not money inflation, it's the simple fact that compounding growth will be exponential, always. So if your point is to show that growth rates increased in recent centuries, then you need to show growth rates, or show this but using a log scale.