In 2007, the Fed balance sheet was $858B. From http://www.investopedia.com/articles/economics/10/understanding-the-fed-balance-sheet.asp http://www.investopedi

In 2007, the Fed balance sheet was $858B. From http://www.investopedia.com/articles/economics/10/understanding-the-fed-balance-sheet.asp http://www.investopedia.com/articles/economics/10/understand...: "The Fed had assets worth $858 billion on its book in the week ended on Aug 1, 2007 just before the start of the financial crisis" From http://www.investopedia.com/insights/how-will-fed-reduce-balance-sheet/ http://www.investopedia.com/insights/how-will-fed-reduce-bal..., the Fed now has $4.5 TRILLION in assets. IOW, they have injected $3.6T into the economy by pushing buttons on computers to buy shit from banks so banks wouldn't have to keep them on their books and take risks. These extra dollars have created inflation IMO, including higher college tuition. Just to get an idea of scale, M1, the US money supply, is $3.4T as of Apr 2017: https://www.federalreserve.gov/releases/h6/current/default.htm https://www.federalreserve.gov/releases/h6/current/default.h...