Central Bank Total Assets and Deficit Spending
Comment of the Day

May 02 2019

Commentary by Eoin Treacy

Central Bank Total Assets and Deficit Spending

Eoin Treacy's view

I first created the total central bank assets chart in 2014. A couple of years ago I shared the formula with Ben Hunt at Epsilon Capital in a gesture of goodwill following his mention of the size of central bank balance sheets in one of his missives. He subsequently used it and since then the measure has proliferated. I have seen it in a considerable number of investment bank reports, but I have never received a favourable mention for creating it. In future I will be keeping the calculation of indicators proprietary, for the benefit of subscribers.

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