An update of the weekly Fed Balance Sheet (proportions) chart:


Fed Balance Sheet Proportions Chart

Click to enlarge. Source: Federal Reserve


The peculiar thing about post-2008 monetary policy is that it’s not just about quantity, it’s also about quality. The means by which the Fed has rigged the game of speculation in money has been to alter the quantity of stuff backing the dollar as well as the quality of stuff backing the dollar. In more politically correct and jargonistic terms; the Fed has unconventionally altered the composition of its assets while engaging in balance sheet expansions. This is why I post the (above) weekly Fed balance sheet chart of the Fed’s Assets (% Total Assets). People don’t look at the Fed’s balance sheet like this, so – as a contrarian – I’m sitting up straight and watching carefully.

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An update of the daily treasury statement charts:

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