Finance_The end result of the Federal Reserve’s response to the 2008 financial and the Great Recession was an unprecedented increase in assets. Between 2008 and 2014, Federal Reserve assets rose from just under 900billiontoover4.5 trillion, more than 500%. This asset increase was expected to dramatically increase inflation, but did not due to the introduction of paying interest on bank reserves. In policy study 2002, author Thomas R. Saving shows the Federal Reserve’s rise in assets and the outcomes of its decision to return to their historic level as a share of GDP