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| FRED Series DDDI03USA156NWDB |
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I'm not a fan of "diagrams" in economics, but sometimes... This is a screen capture of slide 36 from a SlideShare presentatio... -
JW Mason : "... in retrospect it is clear that we should have been talking about big new public spending programs to boost demand.&quo... -
Bosch season five air date: 18 April. Ten episodes. Four days later, six of the transcripts were already available. A few days later, the ... -
First, this summary of an observation made in 1850, from the Liberty Fund : Frédéric Bastiat, while pondering the nature of war, concluded ... -
In the Google News this morning, "The Fed may have saved the economy by hiking rates for 18 months—and may have guaranteed crisis for...
3 comments:
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
Bank assets stable, non-bank assets non-stable.
Conclusion?
Conclusion: Technology and deregulation created a change some time around 1980. Also probably changes in the tax code.
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