Currency in circulation |
Checkable bank deposits |
M1 | |
(billions of dollars) | |||
1929 | $3.90 | $22.74 | $26.64 |
1933 | 5.09 | 14.82 | 19.91 |
Percent change | +31% | −35% | −25% |
Data from: U.S. Census Bureau (1975), Historical Statistics of the United States. |