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And the Federal Reserve recently surpassed China as the largest buyer of US Debt. China has stopped buying as much as the US government will print. Well, ther
by brc 16y ago
And the Federal Reserve recently surpassed China as the largest buyer of US Debt. China has stopped buying as much as the US government will print.
Well, there's your problem.
- grav1tas 16y agoThe Fed may have surpassed China as the largest buyer of debt, but it may not be the largest holder. Where do you think all the money in the Social Security trust fund went, eh? Hint: It's somewhere in the blue part of the pie ;-) http://en.wikipedia.org/wiki/United_States_public_debt#Estimated_ownership http://en.wikipedia.org/wiki/United_States_public_debt#Estim...