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The Federal Reserve’s balance sheet will hit a mind-boggling $4 trillion any day now - Quartz -
2013-12-14 07:10:36 GMT
"Sure it’s not Japan’s ¥1 quadrillion government debt. Or the US economy’s $16 trillion-plus economy. (Or come to think of it, the US’s $16 trillion-plus debt.) + But still, the amount of financial assets the US central bank is holding in the wake of quantitative easing and other stimulus measures of the past five years is a very big number: Unless something truly bizarre happens, it will hit $4 trillion very soon. In fact, it’s basically already there. A weekly update yesterday afternoon put its size at $3.994 trillion."
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