Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed | Wolf Street

The result is that total assets on its weekly balance sheet through Wednesday, at $7.4 trillion, are roughly flat with the level in mid-December and are up by $200 billion from early June, with an average growth rate over the six-plus months of $30 billion a month.

But the long-term chart shows just how hog-wild the Fed had gone, furiously trying to bail out and enrich the asset holders, which are concentrated at the very top, thereby creating in the shortest amount of time the largest wealth disparity the US has ever seen. From crisis to crisis, from bailout to bailout, and even when there is no crisis:

Update on Fed’s QE: The Crybabies on Wall Street, which Clamored for More, Are Disappointed | Wolf Street