Previously in Table 1.1, we listed types of money. Below are the levels of the money supply during the 19th to 20th centuries. Today we only think of one kind of money – the Federal Reserve Dollar. This is not normal. Before 1970, there were a lot of different types of money. There was hard commodity money, United States Dollars, and Federal Reserve Dollars.

This data in Table 1.2 comes from the US Statistical Abstracts, which you can find on the Census site .

 Hard Money  United States Money Bank Money
 Gold & Silver   Coins   Gold & Silver Certificates  Green-backs Bank Notes  Federal Reserve Dollars
 No debt No debt Debt

1800 16 10
1810 27 28
1820 22 45
1830 26 61
1840 79 107
1850 147 131
1860 228 207
1870 90 32 325 328
1880 294 13 328 337
1890 485 429 335 182
1900 753 26 609 318 375 0
1910 800 46 1282 335 687 0
1920 801 91 357 278 691 3,065
1930 677 117 1382 288 652 1,402
1940 430 159 1649 248 166 5,163
1950 1125 370 2218 321 88 22,760
1960 1760 549 2157 318 57 27,094
1970 5002 1,126 225 297 29 47,627
1980 0 1,500 0 100 0 117,400
1990 0 2,000 0 0 0 254,400
2000 0 2,500 0 0 0 549,300
2010 0 3,000 0 0 0 873,300