US Monetized 52 Percent of the $5 Trillion New Debt Since Self-Inflicted Doomsday of March 2020 | WHAT REALLY HAPPENED X-Frame-Options: DENY X-Frame-Options: SAMEORIGIN

US Monetized 52 Percent of the $5 Trillion New Debt Since Self-Inflicted Doomsday of March 2020

The US gross national debt outstanding has ballooned by over $5 trillion since early March 2020, to $28.4 trillion, where it has been stuck since August 1 when the debt-ceiling farce recommenced.

The burning question is who the heck bought these Treasury securities and who is holding them, given that everyone who is buying any of them now is getting crushed by historically steep negative “real” yields, with CPI inflation outrunning even the 30-year Treasury yield by 3.5 percentage points.

The Treasury Department released its Treasury International Capital data this afternoon. It tracks foreign holdings of Treasury securities by country through June. Now we can piece the holdings together. And it’s quite a show.

Webmaster's Commentary: 

This is why your food and gas prices have gone through the roof!

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