3 ms·
Sorry for the sloppy language. The question I have is, what is the value of gold relative to other commodities (preferably the same ones that are used to measur
by the_why_of_y 5y ago
Sorry for the sloppy language. The question I have is, what is the value of gold relative to other commodities (preferably the same ones that are used to measure inflation of the dollar) in 1914 vs. in 1929. Unfortunately I don't have an idea where to get the data to answer this question.
I found that M2 in 1914 was 24.62, up to 66.61 in 1929. This is quite similar to the increase in gold reserves, not much of a surprise.
Second graph here:
https://www.longtermtrends.net/m2-money-supply-vs-inflation/ https://www.longtermtrends.net/m2-money-supply-vs-inflation/