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Monday, February 13, 2012

Charting The Federal Reserve's Assets - 1915-2012

Here we present a history of the Fed in charts. As you’ll surely glean from the below — the Fed has degenerated from a by and large passive institution (dealing only in high-quality self-liquidating commercial paper and gold) to an active pursuant of junk, an enabler of wars, a ‘benevolent’ combatant of the depressions of its own creation, a central planner of employment & prices and of course a forgiving friend to inconvenient market follies.

View Charts HERE.

1 comment:

Anonymous said...

Keep in mind: The Identity of the Members of the Federal Reserve Bank are a closely guarded SECRET.

Their names are none of our business.