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| Graph #1: Billions of Dollars |
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| Graph #2: Relative to GDP |
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| Graph #3: Relative to Gross Federal Debt |
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| Graph #4: Relative to Total Credit Market Debt Owed |
Sunday, March 4, 2012
Federal Debt Held by Federal Reserve Banks
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3 comments:
Why did you multiply by 100 in graph two?
More generally, what point are you illustrating?
JzB
Hi Jazz
"Why did you multiply by 100 in graph two?"
Because I'm sloppy and lazy. I should have multiplied by 100 in graphs #3 and 4 also, but I forgot.
Jever notice in FRED, when you download "percent change" numbers, you get numbers like 3.5, not 0.035?
I used to NEVER multiply by 100 to express numbers as percent, then I noticed FRED does, and other economic sources do the same thing. I generalized, and concluded that economists are not math people...
But I think if FRED does it, it's good enough for me.
"More generally, what point are you illustrating?"
:)
I am illustrating the point that I wanted to look at Federal debt held by Federal Reserve banks.
OK. Gotcha!
Cheers!
JzB
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