ReneDeGames t1_ir9k4xt wrote on October 6, 2022 at 10:45 AM

Reply to comment by justdoubleclick in TIL about Operation Bernhard. During WWII, Germany attempted to bring about the collapse of the British economy by forging ≈£130 million in British bank notes. The notes are considered among the most perfect counterfeits ever produced, and are very difficult to differentiate from legitimate notes. by rkadeYT

Sure, that could be true, however quoting raw data at me is useless because I have no idea if your interpretation of the meaning of those number is correct, because "Total Assets of the Federal Reserve" could mean a bunch of different things.

justdoubleclick t1_ir9llfi wrote on October 6, 2022 at 11:03 AM

If you’re interested in the topic, this article explains it pretty well: https://www.pbs.org/newshour/amp/economy/making-sense/how-the-feds-balance-sheet-works-and-why-investors-care