Saturday, January 18, 2014

Debt Held by the Public, and the Fed

This is interesting (source article) (Thanks to Danny D, @dandrezner )

But what about this?  (Here is the source article for the second graph).

A lot LESS debt is held by the public than was projected back when there was going to be a debt apocalypse.  So that's good.  But the government has been buying up its own debt with printed money on a truly gigantic scale, OVER THE SAME TIME PERIOD, which may be a somewhat less "good" explanation for the first graph.

Nonetheless, as Danny D notes, the first is "a significant graph."  I'm just saying the second graph is significant, also.

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