Federal Reserve Inflationary Spending
This data table is meant to show the inflationary spending of the Federal Reserve. That is to say, spending of money that does not exist, so more is printed out of thin air which results in a declining value of the USD. In specific, this table lays out the spending from of QE1 to QE3, which is ongoing at the moment, due to the Keynesian economic belief that more spending will bring us out of a recession and stimulate the economy. So far, it’s not working. The market, which the Fed is pumping money into, is the only thing that’s seeing any modicum of stimulation. In essence, the rich continue to get rich, while the “everyman” continues to see his dollar devalue and products seemingly become more and more unaffordable.
QE III, Phase II phase spending ended in October 2014 and this list is up to date. The Fed has suggested that there may be interest in pursuing a QE4, should the economy begin to falter. So far, at this time QE4 has not begun.
All dollar amounts are in Billions.
| Year | Month | Action Name | Phase | Monthly Spending | Phase Spending | Cumulative Spending |
|---|---|---|---|---|---|---|
| 2008 | December | Quantitative Easing I | Phase I | - | $600 | $600 |
| 2009 | January | Quantitative Easing 1 | Phase 1 | - | $600 | $600 |
| 2009 | February | Quantitative Easing I | Phase I | - | $600 | $600 |
| 2009 | March | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | April | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | May | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | June | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | July | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | August | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | September | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | October | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | November | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2009 | December | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2010 | January | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2010 | February | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2010 | March | Quantitative Easing I | Phase II | - | $1,050 | $1,650 |
| 2010 | November | Quantitative Easing II | Phase I | $75 | $600 | $1,725 |
| 2010 | December | Quantitative Easing II | Phase I | $75 | $600 | $1,800 |
| 2011 | January | Quantitative Easing II | Phase I | $75 | $600 | $1,875 |
| 2011 | February | Quantitative Easing II | Phase I | $75 | $600 | $1,950 |
| 2011 | March | Quantitative Easing II | Phase I | $75 | $600 | $2,025 |
| 2011 | April | Quantitative Easing II | Phase I | $75 | $600 | $2,100 |
| 2011 | May | Quantitative Easing II | Phase I | $75 | $600 | $2,175 |
| 2011 | June | Quantitative Easing II | Phase I | $75 | $600 | $2,250 |
| 2012 | September | Quantitative Easing III | Phase I | $40 | $120 | $2,290 |
| 2012 | October | Quantitative Easing III | Phase I | $40 | $120 | $2,330 |
| 2012 | November | Quantitative Easing III | Phase I | $40 | $120 | $2,370 |
| 2012 | December | Quantitative Easing III | Phase II | $85 | $1,955 | $2,455 |
| 2013 | January | Quantitative Easing III | Phase II | $85 | $1,955 | $2,540 |
| 2013 | February | Quantitative Easing III | Phase II | $85 | $1,955 | $2,625 |
| 2013 | March | Quantitative Easing III | Phase II | $85 | $1,955 | $2,710 |
| 2013 | April | Quantitative Easing III | Phase II | $85 | $1,955 | $2,795 |
| 2013 | May | Quantitative Easing III | Phase II | $85 | $1,955 | $2,880 |
| 2013 | June | Quantitative Easing III | Phase II | $85 | $1,955 | $2,965 |
| 2013 | July | Quantitative Easing III | Phase II | $85 | $1,955 | $3,050 |
| 2013 | August | Quantitative Easing III | Phase II | $85 | $1,955 | $3,135 |
| 2013 | September | Quantitative Easing III | Phase II | $85 | $1,955 | $3,220 |
| 2013 | October | Quantitative Easing III | Phase II | $85 | $1,955 | $3,305 |
| 2013 | November | Quantitative Easing III | Phase II | $85 | $1,955 | $3,390 |
| 2013 | December | Quantitative Easing III | Phase II | $85 | $1,955 | $3,475 |
| 2014 | January | Quantitative Easing III | Phase II | $85 | $1,955 | $3,560 |
| 2014 | February | Quantitative Easing III | Phase II | $85 | $1,955 | $3,645 |
| 2014 | March | Quantitative Easing III | Phase II | $85 | $1,955 | $3,730 |
| 2014 | April | Quantitative Easing III | Phase II | $85 | $1,955 | $3,815 |
| 2014 | May | Quantitative Easing III | Phase II | $85 | $1,955 | $3,900 |
| 2014 | June | Quantitative Easing III | Phase II | $85 | $1,955 | $3,985 |
| 2014 | July | Quantitative Easing III | Phase II | $85 | $1,955 | $4,070 |
| 2014 | August | Quantitative Easing III | Phase II | $85 | $1,955 | $4,155 |
| 2014 | September | Quantitative Easing III | Phase II | $85 | $1,955 | $4,240 |
| 2014 | October | Quantitative Easing III | Phase II | $85 | $1,955 | $4,325 |