Uncharted based on Report of the Executive Board for the Financial Year Ended April 30, 1998, International Monetary Fund, Washington D.C., 1998 Goal:

Goal:Exaggerate the recovery of the Thai and Malaysian currencies, making the IMF look even better than it actually isIn early 1998, the IMF helped rescue the Asian tiger economies from the sudden collapse of their currencies against the US$Distorted value displayUsing non-linear scales unnecessarily

Goal:Exaggerate the recovery of the Thai and Malay-sian currencies, making the IMF look even better than it actually isTechnique 1:Break the value axisThe IMF could just have deleted the bottom third of the chart. But this would not have altered the relative size of the recovery.Distorted value displayUsing non-linear scales unnecessarily

Ch Baht usw neutral

100100

99.368836291999.366568915

99.881046788399.8350029464

99.683419074100.4069537732

99.683419074101.9578736209

99.408050513101.6398032236

99.2513790386101.9578736209

99.7623762376101.8761274805

98.7843137255101.7130278167

99.0562327959101.5220517737

98.7455899647100.4943055995

98.5909980431100.6057007126

98.3216237315100.6654783125

97.2586872587102.2162336095

97.2962533797102.4511187261

97.0338983051102.5958821155

96.4764458062101.3358322035

101.1646586345101.0457256461

102.7324632953100.7053695265

78.229813664696.2795984088

72.908827785886.8226853434

70.069541029275.4654788419

64.17834394978.5807050093

61.14077669971.1848739496

52.153209109763.851758794

46.56192236655.6083150985

56.990950226270.2016574586

63.611111111168.6837837838

65.259067357569.1510204082

Thailndischer Baht

Monat

Jahr

1998

1997

1996

Bilateraler US-Dollarkurse: Thailand & MalaysiaUS-$ je Baht & Ringgit, (5. Januar 1996: Index = 100)

MalaysischerRinggit

Ch Baht Normalskala

Monat

Jahr

1998

1997

1996


Ch Baht Normalskala

4.19180654864.1918065486

4.18604324184.1860224719

4.19072314534.1903034403

4.18892033384.1955032845

4.18892033384.2094556669

4.18640238134.2066116228

4.18496667254.2094556669

4.189641034.2087255772

4.18067308334.2072671524

4.18317521514.2055564838

4.18031619674.1962948283

4.1788900484.1973032441

4.17639965184.1978439267

4.16650564984.2117592844

4.16685716144.2138485452

4.16439942624.215133805

4.15915509124.2038853197

4.20234646974.2012757286

4.21634475884.1982045603

3.96832519424.1572959714

3.9042069444.0631877009

3.86805084563.9355788775

3.78811148853.9723988444

3.74397689013.8824254883

3.59925494783.7834677171

3.49603142993.6576440876

3.67999933093.8697654897

3.78003068143.8498687581

3.80331172613.8560398952

Monat

Jahr

1998

1997

1996


110

40

50

60

70

80

90

100

Sheet1

JahrMonatdollar/baht index (Januar 1996 = 100)baht/dollarbaht/ dollar index (Januar 1996 = 1)dollar/bahtringgit/ dollardollar/ ringgitdollar/ringgit index (Januar 1996 = 100)

1996J1004.19251900100.02.0000.00396982932.54130.39349939011004.197.4

1996F99.44.19253500100.62.0030.00394477322.55750.391006842699.44.198.5

1996M99.94.19252200100.12.0010.00396510712.54550.392850127799.84.199.5

1996A99.74.19252700100.32.0010.00395726162.5310.3951007507100.44.2010.6

1996M99.74.19252700100.32.0010.00395726162.49250.4012036108102.04.2112

1996J99.44.19253400100.62.0030.00394632992.50030.3999520058101.64.2114

1996J99.34.18253800100.82.0030.00394011032.49250.4012036108102.04.2118

1996A99.84.19252500100.22.0010.0039603962.49450.4008819403101.94.21

1996S98.84.18255000101.22.0050.00392156862.49850.4002401441101.74.21

1996O99.14.18254300101.02.0040.00393236342.50320.3994886545101.54.21

1996N98.74.18255100101.32.0050.00392003142.52880.3954444796100.54.20

1996D98.64.18255500101.42.0060.00391389432.5260.3958828187100.64.20

1997J98.34.18256200101.72.0070.00390320062.52450.3961180432100.74.20

1997F97.34.17259000102.82.0120.00386100392.48620.4022202558102.24.21

1997M97.34.17258900102.82.0120.00386249522.48050.4031445273102.54.21

1997A97.04.16259600103.12.0130.00385208012.4770.4037141704102.64.22

1997M96.54.16261100103.72.0160.00382995022.50780.3987558816101.34.20

1997J101.24.2024900098.81.9950.00401606432.5150.3976143141101.04.20

1997J102.74.2224520097.31.9880.00407830342.52350.3962750149100.74.20

1997A78.23.97322000127.82.1070.00310559012.63950.378859632596.34.16

1997S72.93.90345500137.22.1370.0028943562.9270.341646737386.84.06

1997O70.13.87359500142.72.1540.00278164123.36750.29695619975.53.94

1997N64.23.79392500155.82.1930.00254777073.2340.309214594978.63.97

1997D61.13.74412000163.62.2140.00242718453.570.280112044871.23.88

1998J52.23.60483000191.72.2830.00207039343.980.251256281463.93.78

1998F46.63.50541000214.82.3320.00184842884.570.218818380755.63.66

1998M57.03.68442000175.52.2440.00226244343.620.276243093970.23.87

1998A63.63.78396000157.22.1960.00252525253.70.270270270368.73.85

1998M65.33.80386000153.22.1850.00259067363.6750.272108843569.23.86

J

F

M

A

M

J

J

A

S

O

N

D

J

F

M

A

M

J

J

A

S

O

N

D

J

F

M

A

M

100

100

99.3688362919

99.366568915

99.8810467883

99.8350029464

99.683419074

100.4069537732

99.683419074

101.9578736209

99.408050513

101.6398032236

99.2513790386

101.9578736209

99.7623762376

101.8761274805

98.7843137255

101.7130278167

99.0562327959

101.5220517737

98.7455899647

100.4943055995

98.5909980431

100.6057007126

98.3216237315

100.6654783125

97.2586872587

102.2162336095

97.2962533797

102.4511187261

97.0338983051

102.5958821155

96.4764458062

101.3358322035

101.1646586345

101.0457256461

102.7324632953

100.7053695265

78.2298136646

96.2795984088

72.9088277858

86.8226853434

70.0695410292

75.4654788419

64.178343949

78.5807050093

61.140776699

71.1848739496

52.1532091097

63.851758794

46.561922366

55.6083150985

56.9909502262

70.2016574586

63.6111111111

68.6837837838

65.2590673575

69.1510204082

Sheet2

Sheet3

Goal:Exaggerate the recovery of the Thai and Malaysian currencies, making the IMF look even better than it actually isTechnique 2:Use a truncated logarithmic scale to exaggerate the lower values, from which recovery took place, selectively. This is a staggering demonstration of graphical virtuosity. Use logarithmic scales only to show rates of changeDistorted value displayUsing non-linear scales unnecessarily

Documents

Uncharted based on Report of the Executive Board for the Financial Year Ended April 30, 1998, International Monetary Fund, Washington D.C., 1998 Goal: