===So what is the error?=== 
 I've already pointed out the WP:RS problem with your chart. Yet here I paraphrase what he said and you revert (asking for discussion to get consensus, even as your refuse to engage in discussion. Disruptive edit warring anyone?) 
 What is the error with this? If I've made one, tweak it til we get it right. 
 :Economist Paul Krugman has argued against Austrian views on inflation. In late 2011 he pointed out that the monetary base had tripled in the previous three years, but the average annual inflation rate was only 1.5 percent. There was no "devastating inflation" as predicted by Austrians. In late 2012 he wrote: "If you believe that... expanding credit will simply result in too much money chasing too few goods, and hence a lot of inflation...[Then] the failure of high inflation to materialize amounts to a decisive rejection of [the Austrian] model."Paul Krugman, Varieties of Error, 2012.