georgephillip
Diamond Member
- Dec 27, 2009
- 43,750
- 5,198
- Thread starter
- #81
Counterpunch? OMG, they still exist? Why not just post the Communist manifesto?
"'The More I See Of The Moneyed Classes, The More I Understand the Guillotine.' ~ George Bernard Shaw"
"According to the U.S. Treasury, as of February 29, 2020, there was $16.9 trillion in marketable U.S. Treasury securities outstanding.
"Of that amount, at the end of February, the Federal Reserve held $2.47 trillion or 14.6 percent – making it, by far, the largest single holder of U.S. Treasuries anywhere in the world."
The Federal Reserve Now Owns 15 Percent of the U.S. Treasury Market; At Its Current Rate, It Could Own the Whole Market in Less than Two Years