Major Central Banks’ Assets Balance Sheets At Least Doubled Since 2008
World central banks have spent trillions on asset purchases, known as quantitative easing, to salvage their economies from the global financial crisis.
The three major central banks, the Federal Reserve, European Central Bank and Bank of Japan, have a combined balance sheet of assets worth $13 trillion, which at least have doubled since 2008.
The huge $13 trillion balance sheet is equal to the size of giant economies such as China or the euro area.
the Fed has started to taper their asset purchases, the BoJ and the ECB will
continue to face widening balance sheets for a while.