Saturday, March 17, 2018

Non-Bank Financial Institutions' Assets to GDP for United States

FRED Series DDDI03USA156NWDB

3 comments:

jim said...

If you were to include Bank financial assets in that graph you would see that has hardly grown at all.
https://fred.stlouisfed.org/graph/fredgraph.png?g=j6HB

The Arthurian said...

Bank assets stable, non-bank assets non-stable.
Conclusion?

The Arthurian said...

Conclusion: Technology and deregulation created a change some time around 1980. Also probably changes in the tax code.