Wednesday, February 22, 2012

United States Federal Reserve Buys Nearly $1 TRILLION in U.S. Treasury Securities Over One Year Period

Over about a one year period from August, 2010 to September, 2011, the United States Federal Reserve System acquired nearly $1 TRILLION more in U.S. Treasury Securities, surpassing the holdings of China. Before the start of 2011, China was the largest holder of United States Treasury debt.

Question:  Where did the Federal Reserve get $1 TRILLION to buy United States debt?


Sources:


No comments:

Post a Comment