Egon says the Fed balance sheet will rise to $40 trillion in the next few years

Jump to 3:50. The balance sheet . . . of the Fed is going to go from around $4 trillion to $40 trillion. 

The Fed balance sheet bottomed out on 8/28/19 at $3.760 trillion.  It is now (10/9/19) at $3.946 trillion.  It will keep going up at 10%+ per year.

The Treasury owed $22.022 trillon on 8/1/19.  The national debt has increase more than $800 billion since then.  The Fed needs to absorb some of this. 

The system is melting down now (ever since August 1) in slow motion, and the recession hasn't even started yet.