Economy 53,076 Posted August 4, 2023 Share Posted August 4, 2023 https://wolfstreet.com/2023/08/03/fed-balance-sheet-qt-update-91-billion-in-july-759-billion-from-peak-biggest-drop-ever-to-8-2-trillion-lowest-since-july-2021/ The US Fed (Central Bank) had at its peak last year grown its balance sheet to roughly $9 Trillion. This is assets like bonds for government debt it buys with money it prints to increase liquidity into the system and raise inflation and/or keep interest rates down Now ever since quantitative Easing ended (money printing to buy assets) it shortly after started quantitative tightening (selling the assets and destroying the currency it created) the balance sheet has fallen to $8.2 Trillion with a drop of $759 Billion Quantitative Tightening has the opposite impact of quantitative easing. Reducing money supply to lower inflation, and raises interest rates Link to post Share on other sites More sharing options...
bionic 50,111 Posted August 5, 2023 Share Posted August 5, 2023 if they really wanted to be rid of it they couldn't put it in my bank account, i would've kept it safe Link to post Share on other sites More sharing options...
Dennis 8,391 Posted August 5, 2023 Share Posted August 5, 2023 Girl I could've had just one billion of those 759 Link to post Share on other sites More sharing options...
Economy 53,076 Posted August 5, 2023 Author Share Posted August 5, 2023 7 hours ago, Dennis said: Girl I could've had just one billion of those 759 Me too Link to post Share on other sites More sharing options...
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