2 U.S.Inflation Money Growth,1960-2001 16 14 12 10 ueeK Jad 1960 1965 1970 1975 1980 1985 1990 1995 2000 inflation rate -M2 growth rate -inflation rate trend -M2 trend growth rate CHAPTER 7 Money and inflation slide 24CHAPTER 7 Money and Inflation slide 24 0 2 4 6 8 1 0 1 2 1 4 1 6 1960 1965 1970 1975 1980 1985 1990 1995 2000 % per year inflation rate M2 growth rate inflation rate trend M2 trend growth rate U.S. Inflation & Money Growth, 1960-2001 2