Personal Income from 1929-1940
Nothing remotely like this is currently in the cards.
It was the last gold standard collapse.
The US gold standard was abandoned domestically in 1934.
Personal Income from 1940-1945
Nothing remotely like this will happen this time around.
World War II deficits exceeded 20% of GDP annually.
Currently Personal Income is muddling through with flat to modestly positive gains month over month.
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