The Federal Reserve’s Balance Sheet
|Not quite up to the minute
When Biden was inaugurated, the Federal Reserve’s balance sheet roughly stood at $4 trillion. It now stands at around $9 trillion!
This represents how much our money supply has increased .. more than doubled … in under two years!
Is it any wonder we are experiencing run-away inflation?
(Had the Fed not monetized Biden’s fire-hose spending, the market would have increased interest rates all on its own. … and saved the Fed the headaches.)
Afterward: There is reason to suspect there is a hidden agenda to our current raging inflation …. diminishing the economic threat of our national debt that has exceeded our GNP … which is a well-understood danger signal. We did this once before coming out of World War II with an equivalent burdensome debt which was also cured (monetized) with inflation.
STAND UP FOR MONETARY SANITY!