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M1 Expansion Since 1900.

In Money Supply on March 23, 2011 by CQCA

Above is a table showing the expansion of the M1 money supply, which is defined as “currency, traveler’s checks, demand deposits, and other checkable deposits.” It seems that the decades with the highest base monetary inflation, the 1910s and the 1980s, were followed by the U.S.’s two largest economic bubbles, the 1920s and the 1990s.

These statistics are taken from the Federal Reserve’s “Banking and Monetary Statistics, Deposits and Currency 1892-1941,” “Supplement to Banking and Monetary Statistics, 1962,” and “H6: Historical Money Stock Measures.”

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