zerohedge.com
FEBRUARY 13, 2012
FEBRUARY 13, 2012
- ARTICLE TOOLS
Share on Facebook
Share on Twitter
Submit on Digg
Email to a Friend
Print
Submitted by Tyler Durden on 02/12/2012 19:41 -0500
Submitted by Thomas Gresham of Gresham's Law,
Here we present a history of the Fed in charts. As you’ll surely glean from the below — 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.
The Fed's Assets from 1915 to 2012:
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
No comments:
Post a Comment