Figure 1
The line graph is titled “Global Evolution of Credit, Inflation, and Investment”. The vertical axis is labeled “Global average (index slash percent)” and ranges from negative 100 percent to 100 percent in increments of 50 percent. The horizontal axis is labeled “Year” and ranges from 1990 to 2030 in increments of 10 years. At the bottom, the legend includes “Credit impulse” shown as a solid green line, “Inflation (C P I, percent)” shown as a dashed orange line, and “G F C F growth, percent” shown as a dotted blue line. The green solid line “Credit impulse” starts near 0 percent around 1995, remains close to 0 percent with small fluctuations, shows a slight increase around 2020 to 5 percent, and ends near 0 percent by 2023. The orange dashed line “Inflation (C P I, percent)” begins around 20 percent in the mid-1990s, declines toward 5 percent in the early 2000s, fluctuates between about 5 percent and 10 percent through the 2010s, rises slightly above 10 percent around 2021, and ends near 8 percent by 2023. The dotted blue line “G F C F growth, percent” begins slightly below 0 percent in the mid-1990s, fluctuates widely with peaks near 50 percent around 2010 and near 80 percent around 2021, and dips to negative 90 percent around 2020, and ends near negative 20 percent by 2023. Note: All numerical data values are approximated.Global evolution of credit, inflation, and investment, 1995–2024