{"id":1167,"date":"2015-06-24T08:50:26","date_gmt":"2015-06-24T08:50:26","guid":{"rendered":"http:\/\/asadkarim.co.uk\/?p=1167"},"modified":"2015-06-24T08:50:26","modified_gmt":"2015-06-24T08:50:26","slug":"the-size-of-the-us-federal-reserve-balance-sheet","status":"publish","type":"post","link":"https:\/\/www.asadkarim.co.uk\/?p=1167","title":{"rendered":"The Size of the US Federal Reserve Balance Sheet"},"content":{"rendered":"<p>The United States Central Bank is known as the US Federal Reserve, often called the US Fed.<\/p>\n<p>[<a href=\"http:\/\/www.federalreserve.gov\/\" target=\"_blank\">http:\/\/www.federalreserve.gov\/<\/a>]<\/p>\n<p>Since the onset of the Global Financial Crisis, the a little reported fact in the main stream media is the growth in the size of the Federal Reserve Balance Sheet.<br \/>\nThis has been driven by the bailouts, the Federal Reserve buying securities such as mortgage back securities and of course quantative easing, buying US Treasury T-Bonds<\/p>\n<p>[<a href=\"http:\/\/www.federalreserve.gov\/monetarypolicy\/bst_fedsbalancesheet.htm\" target=\"_blank\">http:\/\/www.federalreserve.gov\/monetarypolicy\/bst_fedsbalancesheet.htm<\/a>]<\/p>\n<p>By reading page 12 here:<\/p>\n<p>[<a href=\"http:\/\/www.federalreserve.gov\/monetarypolicy\/files\/quarterly_balance_sheet_developments_report_201505.pdf\" target=\"_blank\">http:\/\/www.federalreserve.gov\/monetarypolicy\/files\/quarterly_balance_sheet_developments_report_201505.pdf<\/a>]<\/p>\n<p>One can immediately see the size of the US Federal Reserve Balance Sheet.<\/p>\n<p>A more up to date version is here:-<\/p>\n<p>[<a href=\"http:\/\/www.federalreserve.gov\/releases\/h41\/current\/h41.htm#h41tab9\" target=\"_blank\">http:\/\/www.federalreserve.gov\/releases\/h41\/current\/h41.htm#h41tab9<\/a>]<\/p>\n<p>Yes, total assets of <strong>$4,451,663 MILLION.<\/strong><\/p>\n<p>That is NOT a typo, that is <strong>$4,451 Billion<\/strong> = <strong>$4.451 Trillion<\/strong><\/p>\n<p>The <strong>US Annual GDP is about \u00a316.77 trillion<\/strong><\/p>\n<p>Thus the <strong>US Federal Reserve Balance Sheet Assets = 26% of US GDP<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The United States Central Bank is known as the US Federal Reserve, often called the US Fed. [http:\/\/www.federalreserve.gov\/] Since the onset of the Global Financial Crisis, the a little reported fact in the main stream media is the growth in the size of the Federal Reserve Balance Sheet. This has been driven by the bailouts, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1167","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1167"}],"version-history":[{"count":1,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1167\/revisions"}],"predecessor-version":[{"id":1169,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/1167\/revisions\/1169"}],"wp:attachment":[{"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asadkarim.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}