Big shot banker discovers debt/deflation

The red line is one of the many consumer price indices, of which there are too many, too useless indices.

But core CPI less shelter is in deflation, not inflation as the Magic Walrus says it should be.

As we have found out, federal interest charges as a percentage of the economy is the economic mark up, the Fiscal theory of price. Yields equalize in a low volatility environment, like an economic environment which is mainly government cost of living allowances and interest payments.