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January 31, 2009

Credit Contraction and Monetary Policy During the Depression

Throught-provoking and highly useful data deck from John Kemp at Reuters. He does a lovely graphical job of summarizing some of the most important numbers in banking and credit, rates, commodities, and energy from the 1922-1952 period.

There is much to contemplate here. I will try to return to it later this weekend when I have some more time.

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