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In 2009, the Federal Reserve Bought 80% of U.S. Debt?!

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posted on Jan, 11 2010 @ 10:42 AM
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In 2009, the Federal Reserve Bought 80% of U.S. Debt?!


cryptogon.com

Here’s the problem that the U.S. Fed’s “exit” poses in simple English: Our fiscal 2009 deficit totaled nearly 12% of GDP and required over $1.5 trillion of new debt to finance it. The Chinese bought a little ($100 billion) of that, other sovereign wealth funds bought some more, but as shown in Chart 2, foreign investors as a group bought only 20% of the total – perhaps $300 billion or so. The balance over the past 12 months was substantially purchased by the Federal Reserve.

and bought – you
(visit the link for the full news article)




posted on Jan, 11 2010 @ 10:42 AM
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WOW!
That's a ponzi scheme on top of a ponzi scheme.

Steve Forbes with Ron Paul on Bill to Audit the FED 01/11/2010


RP tells it as it is.... again!
One of his best interviews to date!

double dip recessions?
Like a swine flu second pass?


Sooner or later people need to stop complaining about muslims trying to kill them when this news comes from the very people that are setting these ponzi schemes up and just wake the hell up!

Terroism this, terroism that
PULEASEEEEE!!!!

enough distractions

cryptogon.com
(visit the link for the full news article)



posted on Jan, 11 2010 @ 10:59 AM
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reply to post by ModernAcademia
 


Beck had a show early last week that showed who was buying Our Debt, it was real in dept and talk about America going the way of the Wiemar Republic.... Good Find Man.



posted on Jan, 11 2010 @ 11:07 AM
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Yup, we've been monetizing our own debt - Not good!
That is like paying one credit card bill with a different credit card - Not good! The whole notion that there are "Green shoots" in this economy is pure BS! Mark my words that 2010 will be the year when the rotten bottom finally gives way and everyone falls through. There is no way to avoid it at this point.



posted on Jan, 11 2010 @ 11:10 AM
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Originally posted by poedxsoldiervet
Beck had a show early last week that showed who was buying Our Debt, it was real in dept and talk about America going the way of the Wiemar Republic.... Good Find Man.

Got a link handy?


Originally posted by kozmo
There is no way to avoid it at this point.

Well it wouldn't hurt to stop!
I mean, what happened happened but it needs to stop
There's still time for that.

Also I wonder what the cowardly media is getting out of this.
Where is their integrity?



posted on Jan, 11 2010 @ 11:13 AM
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This is a disguised Zimbabwe type of wealth creation. Instead of doing things

like Zimbabwe did, just turning on the printing presses, the US turned the

presses on , but said it was backed by debt promises. The effect is the

same. More money chasing same goods. Inflation will be the new

"terorrist" in the near future, as people's wealth will be eroded by

Inflation.



posted on Jan, 11 2010 @ 11:17 AM
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So now we know who are the undisclosed buyers when the sale of the debt during last summer was looking very grim as China was losing its appetite for the American debt.

And I had the hope that it was the Emirates the ones buying.


So actually if the "Fed" is buying most of the debt the dollar is nothing but worthless paper.



posted on Jan, 11 2010 @ 11:26 AM
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Here is a chart I came across, it is the amount of our money supply-



It comes from this link-Chart of The US Money Supply 1917-2009


I do not understand how hyperinflation has not kicked in yet. Sooner of later it has to, when you have one dollar=one unit product and create twice as much dollars, sooner or later the inevitable will happen.

Doom and gloom! The two best products of our government and TPTB.

S&F OP



posted on Jan, 11 2010 @ 11:32 AM
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reply to post by endisnighe
 


We all know that it should be hyperinflation by now, but the government with their bailouts and cash infusion from the fed has kept the inflation under control, now how much real control they have, well we all know that Bernanke was the man of the year for "saving the economy" actually what he was saving is the nation from imploding.



posted on Jan, 11 2010 @ 11:48 AM
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Look there will not be hyperinflation.

That only happens in real economies not completely faked ones.

Guys come on here, stop trying to apply real world principalities to a totally fictional an fantasy themed paradigm.

And no, the USA is not paying off one credit card with another.

The Federal Reserve is a private banking institution that, for lack of better terms, contracts it's services to the Government.

It is a Private Banking Institution that bought our "debt".

This means we paid off the credit card by asking the SAME bank that issued the card to cover us...



[edit on 11-1-2010 by muzzleflash]

[edit on 11-1-2010 by muzzleflash]



posted on Jan, 11 2010 @ 11:54 AM
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Why do countries continue to buy? I would think countries would stay away if they really thought the ship was sinking.


MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES
www.treas.gov...



posted on Jan, 11 2010 @ 12:03 PM
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reply to post by jam321
 


I don't know but this are holdings, but do you see any increases from buying more?



posted on Jan, 11 2010 @ 12:07 PM
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Now perhaps the REAL reason for the swine flu has been exposed?

What a great way to keep the flock under control, AND take the money.



posted on Jan, 11 2010 @ 06:33 PM
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It gets worse!
www.abovetopsecret.com...

These Swines are trying to keep everything secret!

This is economic terroism!



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