Charting the Federal Reserve’s Liabilities – 1915 to 2012
Several months ago we brought you a history of the Federal Reserve’s assets in charts — here we complete the story by presenting the evolution of its liabilities from 1915 to 2012.
As mentioned when we examined the assets side of the Fed’s balance sheet:
…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.
Update: You can now buy the data behind these charts.
The Fed’s Liabilities from 1915 to 2012 – Hover & Click to Zoom Into Each Time Period…
1915 to 1925
1925 to 1935
1935 to 1945
1945 to 1955
1955 to 1965
1965 to 1975
1975 to 1985
1985 to 1995
1995 to 2005
2005 to 2012
Recommended: Charting the Federal Reserve's Assets - 1915 to 2012