Nothing about this post is correct. You seem to be basing your assumption on the creation of the US Consumer Price Index, which was created between 1917-1919 to calculate the cost of living increases needed to counter increased prices due to the war, and they retroactively estimated back to 1913.
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IShouldNotTalk ago
Nothing about this post is correct. You seem to be basing your assumption on the creation of the US Consumer Price Index, which was created between 1917-1919 to calculate the cost of living increases needed to counter increased prices due to the war, and they retroactively estimated back to 1913.
https://en.wikipedia.org/wiki/United_States_Consumer_Price_Index#History
https://en.wikipedia.org/wiki/History_of_the_United_States_public_debt
https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo1.htm