Posted 12/17/2015 00:54 (#4965874 - in reply to #4965867) Subject: RE: Land Prices and Mean Reversion
Inflation/dollar devaluation from guns and butter spending for WWI, Vietnam, GulfWarI/Iraq/Afganistan without paying for them. Just monetized the cost of them by borrowing.
Just look at the years of the spikes on the bottom chart.