The US national debt since 1790 measured in ounces of gold.

Below there is supposed to be a chart of the total US national debt divided by the official price of gold before 1933 and the LBMA fix since 1933. Interesting to note, while most have had the perception that the debt has been growing since 2001, in terms of gold it has cut in half to the same level as the early eighties. Clearly, the higher the market price of gold the lower the value of non-redeemable debt. Like much of economics, this is counter intuitive and against the general public perception that the debt has been growing.