US Central bank undertook a huge quantitative easing programme of expanding the money supply in the US Economy. So nearly 12months on since the Covid-19 pandemic hit the world, I thought I would look at how much the US Federal Reserve has grown its balance sheet in the pandemic. So the numbers are vast, in March 2020 the assets on the balance sheet was $4,241,507 Million ($4.2 Trillion) and has now grown to $7,557,402 Million ($7.5 Trillion) worth of assets, that is an increase of $3,315,895 Million ($3.3 Trillion) assets, just huge asset purchase programme by the Fed, buying assets off the US commercial banks. As you can see from the pictures below, that mass expansion of the balance sheet is much larger than the US Federal Reserve’s response to the Global Financial Crisis of 2008. The damage done by the pandemic is clearly more worse than the insolvency and collapse of Lehman Brothers.