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