Federal Reserve + intra-governmental holdings $4.785 TRILLIONI apologize for the lack of alignment in the table, but blogger won't let me line the numbers up evenly. Should we be shocked that the Fed is the number one debt buyer? And what constitutes "other intra-governmental holdings"?
Mutual funds $769.1 billion
China (additional $99.8 billion from Hong Kong) $776.4 billion
Japan $711.8 billion
Other investors $629.7 billion
State and local governments $516.9–$550.3 billion
Pension funds $456.4 billion
United Kingdom $214 billion
Oil exporters $191 billion
Caribbean banking centers $189.7 billion
Brazil $126–$158 billion
Insurance companies $126.4 billion
Russia $119.9 billion
Depository Institutions $107.3 billion
Luxembourg $104.2 billion
Monday, January 18, 2010
On LRC today, Bill Sardi published a chart and explanatory comments taken from CNBC about the ownership of the federal government's debt. Here's the breakdown:
I have never met Gary North and probably never will. Yet, through his writings he has had a far-reaching influence on my thinking, especi...
I’m sure there will be some shocking events in 2018, but I have no idea what they will be. There are too many wildcards in the mix, with o...
In spite of its success in bestowing wealth on some men while funding an unnecessary war ,  the National Banking System proved unsatisfac...
Jacob Hornberger recently posted an article discussing his reasons why he considers the advent of the US national security state to be the...