4 ms·
Not sure I follow? The Fed has added +/- 3.6 Trillion to their balance sheet since the start of the great recession.[1] Excess reserves for banks went from 0 to
by irln 11y ago
Not sure I follow? The Fed has added +/- 3.6 Trillion to their balance sheet since the start of the great recession.[1] Excess reserves for banks went from 0 to +/- $2.5 Trillion during the same period. [2] The FED arguably brought us back from the brink but I would think that those emergency measures are for emergencies not to be used because things are "weak" but when things are on the "abyss". One person's opinion.
[1] https://research.stlouisfed.org/fred2/series/WALCL https://research.stlouisfed.org/fred2/series/WALCL
[2] https://research.stlouisfed.org/fred2/series/EXCSRESNS https://research.stlouisfed.org/fred2/series/EXCSRESNS