In response to:

Who Really Owns the U.S. National Debt?

Dr_Zinj Wrote: Jan 21, 2013 9:02 AM
Of course you know that Qualitative Easing is a euphamism for inflating your way out of debt. Sure, that decreases the percentage of total debt held by foreign governments. It also destroys the savings of everyone, especially retirees. And who gets those dollars generated by QE? Yeah, the cronies, excuse me, the Robber Barons at the top who aren't on fixed incomes with budgets with no slack for inflation.
vtblue Wrote: Aug 09, 2013 5:05 PM
the money "created" by QE never entered the mainstream money supply and hence by definition cannot cause inflation. The banks basically got all this money that they cannot lend out. When banks cannot lend out, they cannot make profit. Its pretty simple. QE is just an accounting method that has net zero effect when the private sector is underwater. The only way private sector can recover when it is underwater is if sales improve. There are two ways to do this, either we export (trade our real wealth for another country's fiat currency), or our government spent for us until the private sector's balance sheets are repaired.
Los Angeles Law Wrote: Jan 21, 2013 8:48 PM
It seems like the rate of inflation is reported as modest, and yet I just purchased a mid-quality battery for my American 1/2 ton pickup truck, and it was $175. I'd like to see a graph of the cost of an automotive battery overlaid on the inflation rate, perhaps we are not being told the truth.
Corbett_ Wrote: Jan 21, 2013 10:18 AM
We have known for some time now that the government was going to expropriate the retirement funds of the frugal in order to hand the money over to the feckless. They had two choices on how to do this -- "honest" theft or by inflation. Outright expropriation would have been more honest because it would have made everyone aware of what sort of tyrants we have in Washington. Inflation is the politically safer route, but it is more dangerous since it will likely slide into hyperinflation.

Today, we're taking a preliminary look at just who owns all the debt issued by the U.S. federal government through 30 September 2012 - the end of the U.S. government's fiscal year. Our chart below visualizes what we found.

The information presented in our chart above is preliminary, as the U.S. Treasury typically revises its foreign entity debt ownership data in March of each year.

Overall, U.S. entities own just 65.8% of all debt issued by the U.S. federal government. Ranking the major U.S. entities from low to high, we find that: