Guest Post: Charting The Federal Reserve's Assets - 1915-2012
Submitted by Thomas Gresham of Gresham's Law,
Here we present a history of the Fed in charts. As you’ll surely glean from the below — the Fed has degenerated from a by and large passive institution (dealing only in high-quality self-liquidating commercial paper and gold) to an active pursuant of junk, an enabler of wars, a ‘benevolent’ combatant of the depressions of its own creation, a central planner of employment & prices and of course a forgiving friend to inconvenient market follies.
The Fed's Assets from 1915 to 2012:
1915 to 1925
1925 to 1935
1935 to 1945
1945 to 1955
1955 to 1965
1965 to 1975
1975 to 1985
1985 to 1995
1995 to 2005
2005 to 2012
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melt-up...
is that $30 POG spike on kitco real?
WTH is a POG? just askin
http://en.wikipedia.org/wiki/Pogs
thanks but POG spike
Are they selling us plastic money now? WTF
hehe
What if the assets of the Fed are only worth half what they state their worth?
Federal Reserve = Bag Holders. HA Ha.
Time heals all wounds...
Remember, "Deficits don't matter".
Until they do.
In that last chart, the legend says "Gold Reserves", but by golly I don't even see that bright yellow represented on that chart. Perhaps all they need to do is REVALUE GOLD by a couple orders of magnitude and the problem will be solved. That is... if they even have any gold...
The graph looks like someone wanted to one up parabolic.
One look at that chart and you can see that despite anything less than 99.9999% deflation/default/collapse of credit assets MUST result in higher gold. Can't wait till they knock at least three zeros off the dollar price of it, just like Zim.
You Americans must be absolutely fucking loaded with all those assets. $1 million/ounce is obviously just a stop off...
FED = Zombie Bank
FED = Deficit Enabler
Reserve fiat currency (backed by US military) makes it all possible. When the world says "no mas" to the dollar, America will dive head first into the shit abyss.
"they" can't just revalue gold except by printing a ton of money
What interests me is the selloff of platinum, the spike in the POG, but also silver didn't budge. Maybe you are right in thinking gold will continue to have precedent over the other PMs.
the POG printer was stuck...just gotta know where to hit it....there coming back down to 'where it is supposed to be'...
fixed
As I've stated a few times before, Obama sold all the gold in Ft Knox on his last trip to India. That's why Obama took 34 warships with him (to secure the delivery) and built a 1 km-long, bomb-proof tunnel (to conceal the convoy delivering the gold) that lead to the museum which houses India's strongest and most heavily guarded vault.
/Mike
Comparegoldandsilverprices.com
What a nut job...
Me or Obama? :D
I write up my "Review of Barron's, Dated 13 February 2012" there at my blog. I include some obervations about the Fed's Balance sheet, a mere $26 billion away from $3 trillion... It is going to be fun to see how the Fed keeps really quiet about crossing that figure (or else they'll just lie).
Barron's is a big publication, so I review a number of other articles as well. Drop me a gmail @ my name for the link or Google it.
Hey, it's late, and you're not doing anything better, so go check it out!
.Whew. I almost thought you said, "TIM heals all wounds..."
Taxpayers = Bagholders.
Ha Ha. Not.
The Fed is a private corporation silting their own throats with toxic waste, HA ha.
Leveraged 57-1 last time I checked.
Hi, could we place an order for 'other assets'? Just throw them in a bag and leave them out back, we'll swing by to pick them up later. Thanks.
fed and ECB will soon replaced by a higher authority:
IMF over europe and africa
world bank over americas and asia
BIS over switzerland
Fed knew they had to replace one bubble with another. NASDAQ tech bubble with housing bubble. nothing like housing bubble to kick off consumption.
http://www.nytimes.com/2002/08/02/opinion/dubya-s-double-dip.html
"Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."
By PAUL KRUGMAN
Published: August 02, 2002
"
Running Out of Bubbles"http://www.nytimes.com/2005/05/27/opinion/27krugman.html
By PAUL KRUGMAN Published: May 27, 2005"Paul McCulley of Pimco put it, Alan Greenspan needs to create a housing bubble to replace the Nasdaq bubble."
lol
I couldn't green arrow because of the italics...so a classic clip and a helluva drink take will have to do
http://www.youtube.com/watch?v=Qg_belm6apc
Not to worry. The solution's quite simple really...
Nuke everyone and blame it on the Aliens. That way 'Bama can fund a new federal agency to fight against them with ZIPA4EVA fiat printing to infinity.
http://www.theonion.com/articles/recessionplagued-nation-demands-new-bub...
I remember when the Onion was a humor site, before they switched to hard news.
"Little pieces of paper are the next big thing," speculator Joanna Nadir, of Falls Church, VA said. "Just keep telling yourself that. If enough people can be talked into thinking it's legitimate, it will become temporarily true."
Classic!
BTW the Onion didn't switch to hard news, the economy turned into a joke.
... and now they're creating an "asset bubble" to replace the housing bubble.
Right, a lot of us tend to underestimate how far TBTP can kick the can. They might bring down the Fed themselves and replace with some new central planning authority. 90% of the populace would probably accept it without question.
So they could declare bankruptcy, right.
Take the debt op a few notches and then POOF.
The Pres can than coin new money (regarding the constitution) and we live happily ever after......
"their own throats"
"they" is US.
You and me
When "they" slit "their" throats, WE pay with reduced purchasing power of mainly foreign products with the exception of government-mandated expenses that are growing by the milli-second.
They are slitting our throats. "Their" throats will be safe outside the borders.
(Fiat) Bank on it.
http://www.youtube.com/watch?v=h5kEYF1FcEU
fraudulent inducement:
banksters pushing debt while failing to disclose that they know inside information on backroom deals where you won't be able to pay it back (material omission).
"Vast mortgages originated after 1996 were fradulently induced" - former Secretary of Housing
only thing stopping is that pension funds own these toxic assets....so this is boomers protecting pensions while outsourcing jobs and selling bad debt (home, auto) to younger generation of Americans.
It was East vs West. Then Developed vs Emerging. From here it will just be Haves vs Have-Nots, even within the West/East and Developed/Emerging groups.
It will be military + wall st. + corporate farms + global government versus everyone else.
even if you "have" tons of money, government can tell you you owe tons in taxes and take it all away.
even if you own tons of farm land, corporate farms can outlaw you from reusing your seed and must by from them
even if you have done nothing wrong, military will drop a bomb on your ass and detain you forever because you are a suspected truth teller (aka. "'terrorist")
even if you have "representation", lobbyst will have your congress pass laws against you.
It will be those who control vs those who don't have control over currency + energy + food + military
Exactly Aldous.
I've been citing (below) from an article published today that echoes your thoughts and shows that, already, many are taking it very seriously and going to the next level: 2nd and 3rd passports from countries that offer greater freedoms and tax haven status. And you'd be surprised who the countries are and who is buying citizenship. This is going to be a big issue
http://www.reuters.com/article/2012/02/12/us-passport-idUSTRE81B05A20120212
Correct, except change all instances of "will be" to "is".
>>even if you own tons of farm land, corporate farms can outlaw you from reusing your seed and must by from them
100 years ago this was known as 'peonage' or 'debt bondage.' Today it's 'agribusiness.'
nicely done.
Only you missed the largest catagory of debt that boomers have convinced X'ers and millenials to buy into:
College loan debt. Larger than credit cards.
Yet over 40% of all jobs "created" (and saved!) have been minimum wage-ish and part-time.
Success!
At least they got them theirs.
bitchez
Exactly
They should have included a map of smallish islands off the coast of Georgia
price of gold
it was for somebody
No...
Just a glitch in the matrix,
Define real?
Its is
Not on my screens.
$2 gap up at open, already filled.
"Real" = another giant just locked in generations of wealth . . .
<deleted> Mr. Grogman beat me to it.
all other assets = ILLEGAL derivatives and other toxic assets as purchased from insolvent banks = PURE FRAUD and policy that GOES AGAINST ROLE OF FED!
The Fed can do whatever the F they please that's why their an independant authority and no one has been as proactive in their history as Ben...he's either bold and truely brilliant or a madman...and totally legal cleaning up the MBS mess that JPM, GS, etc created...
You, sir/madam, are an idiot.
Tyler, please consider a way to ignore certain users. Get Sac on it....
Brilliant!
He understands the depression, and for his legacy is attempting to improve on it.
Time will tell...
Proactive like Hitler was proactive.
Small minds...
smack-down...too
Fuck You's PPT.
Nothing to see here. Move along.
Could someone please explain to me why Tyler has a Obama for America advertisement. All this talk for Ron Paul and how the republicans and deomcrats are all the same and how Obama is destroying the economy, but yet you take $$$ from them. Little conflict of interest or strategic planning on behalf of our dear leader. What gives?
You don't know how those ads work, do you? My ad was a Ron Paul ad. You get the ads that follow your own web browsing. Kinda, you get what you surf for.
RockyRacoon! Calling a spade a spade.
The computers at the SEC get ads with the goatse picture.
[Warning: do NOT search for the goatse picture if you don't know what it is; what is seen cannot be unseen.]
What ads?
/Adblock Plus
I bet size of the Fed balance sheet is 95% correlated with price of gold in dollars and inversely correlated with purchasing power of USD.
k=Looks bullish for red ink!
Control the money and you'll control everything else. This is what turns absolute power into absolute destruction.
So, basically, the Fed IS the economy.
no...but it is making things appear nominally profitable which aren't.
As Hank Paulson said, "the banking system is the circulatory system of the economy and must be saved." You could say that finance grew to be a giant fee-generating skim on the real economy, a 'stabilizer' (didn't you notice?), and so the blood of the economy apparently ended up largely under the banks', fed's, control. The blood is in their veins. You just get to plug into some capillaries and breath, feed, for a fee, if you play nice. People are watching the Grammy's tonight. Everything's cool. What's the big deal? Move along.
Only God and Ben Bernanke can create something from nothing.
My wife can make mountains from molehills.
Hey, I know someone just like her.
Don't tell me we are all married to the same woman! God NO!
That was funny.
My husband makes molehills out of mountains.
Why worry when his stock is paying a 2% dividend (minus 1% broker, minus 15% tax, minus 4% Michigan tax and then the freaking accountant to keep it all straight).
2005-2012: As the Germans say:
"Hopla!"
These charts look bullish.
"Are those Federal Reserve Assets in your pocket or are you just glad to see me?" - Mae West
http://en.wikipedia.org/wiki/Mae_West
Awesome stuff!!!! I love pictures of death and destruction!
This all stinks of the Rothchilds. Damn you Julia!!!
http://www.youtube.com/watch?feature=player_detailpage&v=LZOzk7T93wE
just in case you thought what was going on was something new....
ecstatic fuking convulsions, here, BiCheZ!
Interesting charts especially the first one, anyone know what "all other assets" is comprised of?
Bigger or smaller pieces of shit
"anyone know what "all other assets" is comprised of?"
the stuff you bend over & KISS GOODBYE when your plane is about to crash
Unmarketable crap and smoke, soon to be more unmarketable crap and smoke.
Underwater mortgages, bits of string and duct tape (for holding the ponzi together), PIIGS bonds, and the entire 6-disc Star Wars collectors edition DVD box set with bonus footage of Natalie Portman giving Jar-Jar a BJ.
On all three of his sex organs?