Here is a good post from Econbrowser, detailing the Fed's balance sheet. Ben Bernake has promised billions and billions of dollars to the market, by securitizing assets and making derivatives markets more liquid. It seems that every day, the Fed makes a statement that it will help in a new area of the market. The post graphically demonstrates the magnitude of the commitments.
This is a pretty academic post, but I chose to put it here since the Fed seems to have run to the aid of the market on a daily basis lately.
This is a pretty academic post, but I chose to put it here since the Fed seems to have run to the aid of the market on a daily basis lately.
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