In 2013 The Fed Bought 150% More Treasurys Than All Foreigners Combined

[Ares]

Now that we have the full history of foreign Treasury purchases in 2013, we know the following: in December 2012 total US paper held by foreigners was $5,573.8 billion; one year later it rose to $5.794.9 billion or a $221 billion increase. So how does this look in the context of QE? In the past year, courtesy of the Fed's $1 trillion in TSY and MBS purchases, Ben Bernanke purchases some $552 billion in Treasurys, or about 150% more than all foreigners combined! Suddenly the need for MyRA is becoming all too clear...

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/02/Fed%20vs%20Foreigner%20Purchases_0.jpg

And as a bonus chart, here are the top holders of US paper as of December 31, 2013.

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/02/Top%20Holders%20of%20US%20Debt_0.jpg

Thank you Fed (and Europe capital Belgium) for continuing to monetize US deficit spending.

http://www.zerohedge.com/news/2014-02-19/2013-fed-bought-150-more-treasurys-all-foreigners-combined

[Ponce]

Held by the Zionist bankers.....of course......they are buying the US with the funny money that they themselves made, I can only hope to be dead before I see the Zionist flag fly alongside the US flag above the White House..."No USRael"

V

[mick silver]

. The population of Belgium is 10,444,268 people , how are they able to buy so much of are debt with so few small people , are they this rich . texas is bigger then belgium https://www.google.com/maps/vt/data=VLHX1wd2Cgu8wR6jwyh-km8JBWAkEzU4,6U4F6sA_vuykntEMhTem_QCG4OIH9PT2sEbNP j4BDVNfZQeqfwRP20GErJMCRZjI13FPybqVT7W4LovX8VIPJEL o9rkssLKH7XP35RaJP_3uRbRODuTj-VAtkCFCzhp-FLaKEBgVgTqn0PaDNFPdQxPjrYBq7Guxa62T2e6era2CDnoiYR BZJ3zkRjbESg30P1QfY_k&w=269&h=160

[govcheetos]

. The population of Belgium is 10,444,268 people , how are they able to buy so much of are debt with so few small people , are they this rich . texas is bigger then belgium https://www.google.com/maps/vt/data=VLHX1wd2Cgu8wR6jwyh-km8JBWAkEzU4,6U4F6sA_vuykntEMhTem_QCG4OIH9PT2sEbNP j4BDVNfZQeqfwRP20GErJMCRZjI13FPybqVT7W4LovX8VIPJEL o9rkssLKH7XP35RaJP_3uRbRODuTj-VAtkCFCzhp-FLaKEBgVgTqn0PaDNFPdQxPjrYBq7Guxa62T2e6era2CDnoiYR BZJ3zkRjbESg30P1QfY_k&w=269&h=160

I'm not really sure Mick. Who lives there and what do they do for a living? It must be highly profitable.

--Blazing white hot sarcasm now: OFF

[Twisted Titan]

Looks like Belgium is the Cayman Islands of europe

[Ares]

. The population of Belgium is 10,444,268 people , how are they able to buy so much of are debt with so few small people , are they this rich . texas is bigger then belgium https://www.google.com/maps/vt/data=VLHX1wd2Cgu8wR6jwyh-km8JBWAkEzU4,6U4F6sA_vuykntEMhTem_QCG4OIH9PT2sEbNP j4BDVNfZQeqfwRP20GErJMCRZjI13FPybqVT7W4LovX8VIPJEL o9rkssLKH7XP35RaJP_3uRbRODuTj-VAtkCFCzhp-FLaKEBgVgTqn0PaDNFPdQxPjrYBq7Guxa62T2e6era2CDnoiYR BZJ3zkRjbESg30P1QfY_k&w=269&h=160

Belgium is the seat of the EU. So all the taxes collected within the EU end up in Belgium. So what do they do with all that money? Why purchase poorly performing assets of course....

[Neuro]

The thing is that it is much worse actually. Because of the foreign purchases a lot (most?) of it is because Fed is buying for instance EU bonds, and EU central banks buy in return Treasury bonds... Directly or indirectly Fed is probably buying 95% of Treasuries!

[mick silver]

so it just a big jerk circle

[Ares]

so it just a big jerk circle

nah, not so much a circle jerk as in this:

http://theunrecordedman.files.wordpress.com/2013/10/snake-eats-own-tail.jpg

lol