Monetary & fiscal stat comparisons, 1929 and now

This is not just a deep recession or depression



As of mid 2009 and although there are a number of statistics that are doing very similar things to the 1930s (like unemployment and industrial production), the following stats are *much* higher now than then; CPI, bank credit, M1, base money and M3 money.

depr1


depr2


depr3


depr4




The same charts as above, except starting in March 2000 instead of October 2007



gd12


gd32


gd22


gd42







depr0a


depr0b



Commodity Index performance, various periods including the 1930s



Fed System Open Market Operation balance, 1920-1940






Little known facts about the Great Depression

"The Greatest Bull Market In History"








PBS - The Great Crash of 1929.












The Depression's impact on people: 
Consumer spending on selected items, 1929-33

 

1929

1933

Food

$19.5

$11.5

Housing

$11.5

$  7.5

Clothing

$11.2

$  5.4

Automobiles

$  2.6

$  0.8

Medical care

$  2.9

$  1.9

Philanthropy

$  1.2

$  0.8

Value of shares on the NYSE

$89.0

$19.0

                  Historical Statistics of the United States, p. 319.

 

The Depression's impact on the economy

 

1929

1933

Banks in operation

25,568

14,771 

Prime interest rate

5.03%

0.63%

Volume of stocks sold (NYSE)

1.1 B

0.65 B

Privately earned income

$45.5B

$23.9B

Personal and corporate savings

$15.3B

$2.3B

Historical Statistics of the United States, pp. 235, 263, 1001, and 1007.



Sources include Martin Armstrong and News from 1930, with grateful acknowledgement.