Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%

[Cancel 2018. 3]

Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%

Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet.

On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion.

That is an increase from January 2009 of $1.366 trillion—or 452 percent.

Under Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered office, entities in the People’s Republic of China were the largest holders, followed by entities in Japan. At the end of January 2009, China owned $739.6 billion in U.S. government debt and Japan owned $634.8 billion.

By the end of March 2012, China’s holdings of U.S. debt had grown to $1.1699 trillion and Japan’s holdings had grown to $1.083 trillion.

...

The total U.S. government debt grew from $10.6179 trillion to $15.6233 between Jan. 28, 2009 and April 25, 2012.

http://cnsnews.com/news/article/top-customer-under-obama-fed-s-holdings-us-debt-have-jumped-452

all hail obama!!

 

[Bonestorm]

Uh, who cares? What seems to be the problem?

 

[Cancel 2018. 3]

we know you don't care dung

next

 

[canceled.2021.1]

Under Obama, Fed’s Holdings of U.S. Debt Have Jumped 452%

Since President Barack Obama was inaugurated in January 2009, the Federal Reserve’s holdings of U.S. government debt have quintupled, according to the Fed’s official monthly balance sheet.

On Jan. 28, 2009, a week after Obama’s nomination, the Fed owned $302 billion in U.S. Treasury securities. On April 25, 2012, the latest date reported, the Fed owned five and a half time that much in U.S. Treasury securities--$1.668 trillion.

That is an increase from January 2009 of $1.366 trillion—or 452 percent.

Under Obama, the Federal Reserve has become the single largest owner of U.S. government debt. When Obama entered office, entities in the People’s Republic of China were the largest holders, followed by entities in Japan. At the end of January 2009, China owned $739.6 billion in U.S. government debt and Japan owned $634.8 billion.

By the end of March 2012, China’s holdings of U.S. debt had grown to $1.1699 trillion and Japan’s holdings had grown to $1.083 trillion.

...

The total U.S. government debt grew from $10.6179 trillion to $15.6233 between Jan. 28, 2009 and April 25, 2012.

http://cnsnews.com/news/article/top-customer-under-obama-fed-s-holdings-us-debt-have-jumped-452

all hail obama!!

Can't blame Obama for that. You can blame Uncle Ben Bernanke and the willing participants in Congress

 

[Bonestorm]

we know you don't care dung

next

I'm wondering why you care and what specifically you find objectionable. It's one thing to complain about federal government debt. I understand the objection there. I just don't get why anyone would care about the Fed buying it as opposed to other people or entities.

 

[Cancel 2018. 3]

I'm wondering why you care and what specifically you find objectionable. It's one thing to complain about federal government debt. I understand the objection there. I just don't get why anyone would care about the Fed buying it as opposed to other people or entities.

i find the debt objectionable, as you astutely note. as to the feds, it is just news. not surprised more money doesn't bother you.

 

[Bonestorm]

i find the debt objectionable, as you astutely note. as to the feds, it is just news. not surprised more money doesn't bother you.

8+% unemoyment bothers me. The Fed doing stuff to help alleviate high unemployment doesn't bother me one whit.

 

[canceled.2021.1]

I'm wondering why you care and what specifically you find objectionable. It's one thing to complain about federal government debt. I understand the objection there. I just don't get why anyone would care about the Fed buying it as opposed to other people or entities.

Because it is robbing savers blind. Shitty economic policy is shitty economic policy. Period.

 

[canceled.2021.1]

8+% unemoyment bothers me. The Fed doing stuff to help alleviate high unemployment doesn't bother me one whit.

But it isn't working. It is all statistical sleight of hand

 

[tinfoil]

Uh, who cares? What seems to be the problem?

LOL you can't be that fucking stupid.

Here, I'll link you to a really dumbed-down page so you might have a chance to get it.
http://www.ehow.com/info_8084598_mean-monetize-debt.html

 

[Bonestorm]

LOL you can't be that fucking stupid.

Here, I'll link you to a really dumbed-down page so you might have a chance to get it.
http://www.ehow.com/info_8084598_mean-monetize-debt.html

Oooh, an inflation boogey man. You fucks have been screaming about that for a few years now and we're still at or below the Fed target.

Like I said, I'm worried about the very real unemployment problem that we have now and not the theoretical problems that we might encounter if we try to do things to address that problem.

 

[The Dude]

Yeah fuck those low interest rates on houses and cars!

 

[canceled.2021.1]

Oooh, an inflation boogey man. You fucks have been screaming about that for a few years now and we're still at or below the Fed target.

Like I said, I'm worried about the very real unemployment problem that we have now and not the theoretical problems that we might encounter if we try to do things to address that problem.

Yep no inflation that is why gasoline has doubled since 2009

Know what the #1 asset class has been the last four years?

 

[The Dude]

Gas is going down!

 

[Anti-Party]

Yep no inflation that is why gasoline has doubled since 2009

Know what the #1 asset class has been the last four years?

This may be your dumbest post of all time. You clearly don't know why gas is up do you.....You CERTAINLY don't know what gas was in 09 unless you are taking one day out of 09.

You clearly missed Big Oil Bush start wars which resulted in burning of the oil fields, then cut taxes for big oil, then signed a bill to cover up the dangers of oil fracking, then big oil prices peaked higher than ANYTIME in the Obama period as a saver point to pay for the dip on election day.

Look at this chart kid. Notice the "estimated" cost is way off. Bush had higher prices, Bush was the cause for higher prices and you are the one picking up the soap..

The parrot brainwashed Right Wing puppets that actually repeat, "Well, gas was low on Bush's last day" drive me crazy to a point I can't explain. They don't look it up, they just repeat it because it's what they are told to repeat....

 

[canceled.2021.1]

This may be your dumbest post of all time. You clearly don't know why gas is up do you.....You CERTAINLY don't know what gas was in 09 unless you are taking one day out of 09.

You clearly missed Big Oil Bush start wars which resulted in burning of the oil fields, then cut taxes for big oil, then signed a bill to cover up the dangers of oil fracking, then big oil prices peaked higher than ANYTIME in the Obama period as a saver point to pay for the dip on election day.

Look at this chart kid. Notice the "estimated" cost is way off. Bush had higher prices, Bush was the cause for higher prices and you are the one picking up the soap..

The parrot brainwashed Right Wing puppets that actually repeat, "Well, gas was low on Bush's last day" drive me crazy to a point I can't explain. They don't look it up, they just repeat it because it's what they are told to repeat....

View attachment 1978

The elites are happy that you stay this misinformed. Come up with the number one asset class over the last four years?

You are funny

 

[PostmodernProphet]

Hillary asks, "what difference does it make?".......