I think most people on ATS are aware of the debt to the Federal Reserve already.
edit on 2-2-2012 by isyeye because: (no reason given)
1. Federal Reserve and Intragovernmental Holdings
U.S. debt holdings: $6.328 trillion That’s right, the biggest single holder of U.S. government debt is the Federal Reserve system. The Fed's system of banks and other U.S. intragovernmental holdings accounted for a stunning $6.328 trillion in U.S. Treasury debt in Spetember 2011 (the most recent number available). The amount is an all-time high as the Federal Reserve continues to expand its balance sheet, partially to purchase U.S. government debt securities. About a decade ago, the total government holdings were "only" $2.5 trillion.
2. China
U.S. debt holdings: $1.132 trillion The largest foreign holder of U.S. Treasury securities, China currently has $1.132 trillion in American debt, although it is down from all time highs of $1.173 trillion in July 2011.
3. Other Investors/Savings Bonds
U.S. debt holdings $1.107 trillion With the most recent numbers from June 2011, this extremely diverse group includes individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts, estates, savings bonds, corporate and noncorporate businesses for a total of $1.107 trillion. Although the level of debt held in U.S. savings bonds has remained basically constant since 2000, the broad category of "other" investors has nearly quadrupled since reaching a four-year low in December 2007.
it's not news at all actually unless you've been living under a rock for the last decade or more
Originally posted by CoherentlyConfused
reply to post by miniatus
it's not news at all actually unless you've been living under a rock for the last decade or more
You'd be surprised at how many people don't understand this. I tried educating my husband on this back about a year ago but he brushed me away like I didn't know what I was talking about. About 3 months ago, he read an article somewhere that lead him to more research and he came to me and said, "Hey, did you know about how the Federal Reserve works? It's crazy! Why are we allowing this to happen?" I'd like to have slapped him. He's a smart guy but he's one to take all his worldly information and news off of MSNBC and the likes.
edit on 2-2-2012 by CoherentlyConfused because: (no reason given)