Comments on: Who Owns the U.S. Debt http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Sat, 11 Feb 2012 21:46:28 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: mark mchugh http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57829 mark mchugh Wed, 28 Jul 2010 17:57:32 +0000 http://www.mint.com/blog/?p=13343#comment-57829 Josh, Love the graphic, but I don't understand this: The largest chunk of Treasury securities is, in fact, held by Federal Reserve banks, adding up to $940 billion at the end of the period. How did you come up with the $940 B number? Shouldn't it be more like 5.4 Trillion? Josh,

Love the graphic, but I don’t understand this:

The largest chunk of Treasury securities is, in fact, held by Federal Reserve banks, adding up to $940 billion at the end of the period.

How did you come up with the $940 B number?

Shouldn’t it be more like 5.4 Trillion?

]]> By: April http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57602 April Thu, 22 Jul 2010 00:04:53 +0000 http://www.mint.com/blog/?p=13343#comment-57602 We are all enslaved by debt! Yay Govenrment! We are all enslaved by debt! Yay Govenrment! ]]> By: ChineseDilema http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57417 ChineseDilema Fri, 16 Jul 2010 23:38:51 +0000 http://www.mint.com/blog/?p=13343#comment-57417 Though 7% seems like a little portion of it.... i think that's pretty significant considering what would happen if they floated the value of their currency to what it is actually worth. Though 7% seems like a little portion of it…. i think that’s pretty significant considering what would happen if they floated the value of their currency to what it is actually worth. ]]> By: adhi http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57411 adhi Fri, 16 Jul 2010 19:49:58 +0000 http://www.mint.com/blog/?p=13343#comment-57411 china againts japan on your report? with $900 billion’s worth... cool... china againts japan on your report? with $900 billion’s worth… cool… ]]> By: Rob http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57401 Rob Fri, 16 Jul 2010 17:11:59 +0000 http://www.mint.com/blog/?p=13343#comment-57401 The Federal Reserve owns the country. To make matters worse, we have to BORROW from the Fed to pay them back. Every dollar pushed into the economy by the Fed has interest associated with it. The Federal Reserve owns the country. To make matters worse, we have to BORROW from the Fed to pay them back. Every dollar pushed into the economy by the Fed has interest associated with it. ]]> By: Matthew Amster-Burton http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57395 Matthew Amster-Burton Fri, 16 Jul 2010 15:13:52 +0000 http://www.mint.com/blog/?p=13343#comment-57395 You'll all be pleased to know that I am taking good care of my little chunk of the national debt. You’ll all be pleased to know that I am taking good care of my little chunk of the national debt. ]]> By: Dan http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57390 Dan Fri, 16 Jul 2010 13:56:46 +0000 http://www.mint.com/blog/?p=13343#comment-57390 Looks to me like China owns about 7% of TOTAL US debt. That's a lot but hardly catastrophic. Looks to me like China owns about 7% of TOTAL US debt. That’s a lot but hardly catastrophic. ]]> By: Brian http://www.mint.com/blog/trends/who-owns-the-u-s-debt-07152010/comment-page-1/#comment-57387 Brian Fri, 16 Jul 2010 12:21:15 +0000 http://www.mint.com/blog/?p=13343#comment-57387 I was thinking how the US has changed from the 1950s and 1960s the other day...we had so much more growth and money available in the country then for a larger part of our population. Now we are giving this advantage to other countries, one being China. We really need to change our national policies on how we manage our money in the US. It worked back in the 50s...let's get back to it. The really wealthy people have kept these same principles in place and that is why they are wealthy and have money that they have managed well. I was thinking how the US has changed from the 1950s and 1960s the other day…we had so much more growth and money available in the country then for a larger part of our population.

Now we are giving this advantage to other countries, one being China.

We really need to change our national policies on how we manage our money in the US. It worked back in the 50s…let’s get back to it.

The really wealthy people have kept these same principles in place and that is why they are wealthy and have money that they have managed well.

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