The Fed has more money on its balance sheet (8.9 trillion) then the total value of all 401ks in the United States (7.3 trillion as of 9/21).
by Jmeshareholder 5 trillion of that was added to the Fed’s balance sheet since Feb. 2020: https://fred.stlouisfed.org/series/WALCL 401k balances: https://www.ici.org/401k —— But oh ya, inflation is only happening because the ships and ports and all that jazz. Definitely not also because of …