A Blog About Finance, Economics & the Foolishness That Results
Anyone know how much in Treasuries the Fed held prior to 2008?
GL,I was wondering this very thing today. I knew the number would be big, but I had no idea the Fed share would account for 30% of the top 6 holders.JMA - google is your friend. This Bloomberg chart shows Fed holdings topped out at close to $800 billion in early 2007 and dropped to about $475 billion by the end of 2008. http://capitalogix.typepad.com/.a/6a00e5502e47b288330133f54fde7c970b-piI wonder how long it will be before we hit the tipping point, where enough people realize we are in debt up to our eyeballs to those who nailed us to the wall in the first place.KS
Knock yourself out!