Its not just the Federal Reserve that has seen its balance sheet skyrocket — the European Central Bank and the Bank of England have also ramped up the assets they hold significant in their attempt to unfreeze the credit markets:
Bank of England
European Central Bank
All charts via David Kotok, Cumberland Advisors
Reserves and Off Balance Sheet Securities Lending (June 27th, 2008)
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.