23 This is the history of the Feds Balance Sheet (BS) from 1914-2009. Notice how little the level of reserves changes (pink) vs treasuries (blue) and “currency in circulation.” (Green) Especially 1968-2007. Why?... (Non-Potato image link in comments) (twitter.com) posted 1 year ago by CoolAsACucumber 1 year ago by CoolAsACucumber +25 / -2 3 comments share 3 comments share save hide report block hide replies
Better res image here
https://www.investmentoffice.com/rc/doc/history_of_fed_free_5625.pdf
Read some more about it here
https://www.investmentoffice.com/Observations/Markets_in_History/A_Visual_History_of_the_Federal_Reserve_System_1914_-2009.html