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Fed balance sheet is closer to $9 trillion right now, and it was under $1 trillion in 2009. But I can't think of any major asset class, let alone consumer goods
by nonameiguess 5y ago
Fed balance sheet is closer to $9 trillion right now, and it was under $1 trillion in 2009. But I can't think of any major asset class, let alone consumer goods, that have experienced 900% inflation in the past 12 years. If the relationship was that linear, the Fed's job would certainly be a lot simpler.
- TekMol 5y agoI can't think of any major asset class, let alone consumer goods, that have experienced 900% inflation in the past 12 years Nasdaq is up about 1000% since 2009 Bitcoin is up more than 10,000%
- ohiovr 5y agoThe major indices have risen more than 470% over gdp growth in the last 5 years.
- landemva 5y agoIt would be simpler, much cheaper, and more transparent to use a formula. But that wouldn't allow the continuous charade of banker bailouts and unlimited federal government spending.