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Behold, the story of the Fed balance sheet in a single chart

More Fed history (sorry), briefly put

We know not everyone loves central banking history quite like Alphaville loves central banking history. And we’ll forgive readers who feel they’ve had their fill of Fed happenings for the month.

But for those with the appetite, Ruth Judson and Colin Weiss, two economists working at the Fed, have dropped some cracking data plotting the history of their balance sheet back to inception in 1914.

A picture tells a thousand words, so we’ll stop here and let the chart do the talking:

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