I'll underscore my point with the following statistic taken from here:
http://www.cnbc.com/id/29880401/?slide=16
That’s right, the biggest holder of US government debt is the United States itself. The Federal Reserve system of banks and other US intragovernmental holdings account for a stunning $4.806 trillion in US Treasury debt. And with recent announcments from the Fed, potentially another $1 trillion may be added to its balance sheet... About a decade ago, the total government holdings were "only" $2.5 trillion.
----------
In the context of that - would someone tell me why 300 billion worth is supposed to be so significant?
- Forums
- ASX - By Stock
- fed to begin quantitative easing today
I'll underscore my point with the following statistic taken from...
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review