Sunday, March 4, 2012

Federal Debt Held by Federal Reserve Banks


Graph #1: Billions of Dollars

Graph #2: Relative to GDP

Graph #3: Relative to Gross Federal Debt

Graph #4: Relative to Total Credit Market Debt Owed

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3 comments:

  1. JazzbumpaMarch 4, 2012 at 9:02 PM

    Why did you multiply by 100 in graph two?

    More generally, what point are you illustrating?

    JzB

    ReplyDelete
  2. The ArthurianMarch 5, 2012 at 2:40 AM

    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.

    ReplyDelete
  3. JazzbumpaMarch 5, 2012 at 4:14 PM

    OK. Gotcha!

    Cheers!
    JzB

    ReplyDelete

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