I appreciate the focus on a principal issue, but the graphs used truncate the applicable time, and make it look like the QE-resolution is farther along than it is -- by a *huge* amount. In fact, the FED balance sheet is still 2.5x what it has been historically. And the drop from $4.5T to $4.0T amounts to a 11% reduction -- quite reasonable over the time period, but NOT a basis on which to quit and go home.