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[Since President Barack Obama was inaugurated in January 2009, the Federal Reserves holdings of U.S. government debt have quintupled, according to the Feds official monthly balance sheet./B]
On Jan. 28, 2009, a week after Obamas 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.
Top Customer: Under Obama, Fed
Way to go Bamster.....keep floating bonds...keep printing the momey to buy them....gotta be a GREAT Keynesian idea....
On Jan. 28, 2009, a week after Obamas 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.
Top Customer: Under Obama, Fed
Way to go Bamster.....keep floating bonds...keep printing the momey to buy them....gotta be a GREAT Keynesian idea....