XJO 0.16% 8,071.2 s&p/asx 200

takuan,lots of smoke and mirrors in the US. There is no limit to...

  1. 2,762 Posts.
    takuan,
    lots of smoke and mirrors in the US. There is no limit to how much they spend to buy their own treasuries. This is the method they take to push printed money into the economy they issue bonds and Bernanke bids for them on market with printed money. Although they say they will cut this back, reverse it or whatever take a look at the following figures. China is the biggest forereign holder of their bonds with 776.3 billion, but the Federal Reserve owns SIX times that amount. Quite unbelievable. Now we can see how their interest rates are so low for a debased currency, and that they CANT let them rise without costing themselves a fortune in interest.

    China:
    776.3 Billion dollars
    http://www.cnbc.com/id/29880401?slide=14

    Federal Reserve:
    4.785 Trillion dollars:
    http://www.cnbc.com/id/29880401?slide=16



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