Thursday (Non?) Humor: A Look Inside The Real Fed Balance Sheet

Tyler Durden's picture

Sometimes one just needs a little translation to see the big picture for the trees...



Source: @RudyHavenstein

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Crawdaddy's picture

I am Rob Ford and I approve this message

zorba THE GREEK's picture

With all the back-door Belgium bond buying and Europe bailouts, I'm sure the Fed balance sheet is 

many times what they claim.

BringOnTheAsteroid's picture

Does anyone think for a moment the Fed is keeping track of any of this ?

Fuh Querada's picture

"The IMF has a clean balance sheet"

"We (the USA) have 8800 tons of gold"

James G Ricktards
famous financial author

Crawdaddy's picture

Dear Indian/Chinese/Peoria hired down-clicker. Read what we say as you methodically down vote every post. This applies to you too.

mt paul's picture

I Rob Ford

will not be responsible 

for any ones debts

other than my own 


[ heck might not even be

responsible for my own ]



economics9698's picture

Yea baby another boom right around the bend.

Yes_Questions's picture



Nice wave.


Fluid Dynamics?


Platinum's picture

"Roller coaster!!"

ebworthen's picture

"Loans to Smith College Medieval Studies Majors"

Perfect.  Now I know how I'm going to survive my 50's; a PhD ought to do it. 

Should take me at least five years if not seven, and I can hit on the MILF Social Work Master's students and flirt with them over Pizza and Beer while discussing the parallels between our neo-feudalist kleptoligarchy and the Monarchial/Guild systems.

I'm sure there will be room to throw in talk of cod pieces and chastity belts, after the third or fourth beer.

i_call_you_my_base's picture

You can probably milk it for ten years. Focus on metallurgy and forging codpieces. Specialization is key.

Gaius Frakkin' Baltar's picture

I say "Medieval Studies" is kind of relevant, since that's the system we're returning to...

RafterManFMJ's picture

I've been peppering my conversations with HUZZAH! and forsooth, fortnight and such...I have no idea what they mean, but neither does anyone else.

BrosephStiglitz's picture

I know a guy who is a legit blacksmithing major.  He will be hand crafting war machines for the local lord with a hammer and anvil while I am trying to scrape together enough for a loaf of bread.

Debt-Penitent's picture

Hmm, it will be a loooong time before my Springfild rusts to disfunction. 

Ammo already buried for generations.

Latitude25's picture

Yeah.  I'm honing my skills in the fine art of medieval transportation by traveling by sail boat.

Dr. Engali's picture

Hell, no need to take out a bankster loan when all they had to do was play Dungeons & Dragons and watch Monty Python movies to learn everything they needed to know about medieval studies.

CrimsonAvenger's picture

You can also pick up a minor in Shrubbery.

OldPhart's picture

Monty Python was a subversive terrorist organization of the 1970's, similar to the Patty Hearst led Sybionese Liberation Army that was decimated in the very first SWAT-raid on May 17, 1974.  (It was also the same date that SWAT's ultimate offense was defined as 'burn those fuckers out'). There is no benefit to be gained by informing the masses that simple clowns such as George Carlin, or more organized, foreign terrorist groups like Monty Python or Al Quida (what day is this?  Are they terorists or freedom fighters?) are absolutely, spot on,correct.

And if the need does become so great that we must inform the public, be sure to include a shitload of commas, indented comments, and obstuse allegations.  In other words, business as usual.


Pootie Tang's picture

Yellen is trying to find a carpet big enough to sweep this under right now at Ikea

Bernoulli's picture

... but she noticed that the carpet would have to be so damn huge that it is easier to just manipulate the people into believing there is no mess (dirty = the new clean)

billhilly's picture

It brings a picture to my mind of the landfill.  The mountain just keeps getting bigger and bigger, and is filled with rotten smelly trash (treasuries and mbs').

Oleander's picture
Do you mean Big Rock Candy Mountains?- " To be buggard sore like a hobo's whore"- 
I've hiked and hiked till my feet are sore
And I'll be damned if I hike any more
To be buggered sore like a hobo's whore
In the Big Rock Candy Mountains."
                         Harry McClintock
TheRideNeverEnds's picture

But everything is going straight up in price, that is good for the economy right?  

trillion_dollar_deficit's picture

$4.336 trillion as of 5/14/14


Its the chart that will explain the end of western civilization as we know it to figure generations. 

yogibear's picture

If the Fed is following it's member banksters the real balance sheet is a lot larger.

mt paul's picture

don't forget the 140 bil

of Belgium chocolate....

CHX's picture

See the tapir ?

OldPhart's picture


I now have a Grandson.

I will kill you immediately at the first threat to his future.

Yeah, I know what you already did to him.

Add anything to it.  I'm personally coming for your ass.

I WILL fucking shoot, or bayaton (it's so much quieter) you in your sleep.

And I'm really fucking looking forward to meeting you!

Ghordius's picture

congratulations, OldPhart. tickle his belly for me

BeetleBailey's picture

Congratulations OldPhart....and I commend your post. Well reasoned and thoughtful.

I shed a tear knowing that you have that mind set.


I stand at your side - armed to the teeth - locked and loaded.

Private Bailey <saluting>

Snoopy the Economist's picture

Sure those are the numbers that the fed shares with us peons...but what are the real numbers?

nixy's picture

There are two types of debt.

1. The debt we are morally obliged to repay, 'cos some one's worked to earn it.

2. And then there's the stuff we're (they're) NOT morally obliged to repay...... AKA thin air banker credit.

Markets are  destroyed by 2.

Normal safe havens of real honest wealth must be destroyed to preserve the beneficaries of thin air banker credit.

Apolagies for the lack of wit & humour.




orangegeek's picture

Notice the Rob Ford part of the graph.  How clever.


Another Rob Ford joke - hats off to the dim-witted simpleton who created it.

AdvancingTime's picture

A mirage is a naturally occurring optical phenomenon in which light rays are bent to produce a displaced image of distant objects. Joining the idea of a mirage and contagion with the reality of collapsing debt forms an interesting subject.

It is important to remember all debts and obligations do not come due at the same time. Also, it must be noted when a bill is not paid or defaults it often starts a long and drawn out legal battle, this collection process that may extend years without harsh consequences. This my friends is the reality of modern life in America and much of the world. More on this subject in the article below.

Rikky's picture

discounting the satire for the moment, can the Fed basically hold onto their $4 trillion balance sheet and let everything mature?  is this a viable strategy to stabilize markets and let the air out of the tire slowly?  i would imagine removing trillions even over 30 years would cause some dislocations but i'm no expert in this area so looking for opinions.  thanks.

wagthetails's picture

seems appropriately diversified