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Fed Debt Holdings Quintupled Under Obama

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Fed Debt Holdings Quintupled Under Obama

Cross-posted by Charleston Voice, 06.11.12

Cautionary reminder: Don’t conclude that just replacing Pres. Soetoro with your standard disingenuous republican is the simple solution… not even in the slightest. Furthermore, as all spending bills originate in the House of Representatives, you better look closer at yourself in a mirror.

Posted by Brittany Stepniak – Monday, June 11th, 2012

The Fed’s official monthly balance sheet shows some interesting statistics regarding the Fed’s holdings of U.S. debt since the inauguration of President Obama…and the numbers are rather shocking to say the least.

Between January 28, 2009 and April 25, 2012, government debt in our nation has grew from a bleak $10.6179 trillion to a horrific $15.6233 trillion.

In that same period of time, the Federal Reserve’s holdings of U.S. government debt have quintupled.

The graph below will give you a better visual for comprehending just how much the Federal Reserve pays to the U.S. Treasury (2012 excluded):
pays to treasury

*Chart courtesy of CNNMoney.

When combining our Federal Reserve’s holdings in the U.S. with China’s and Japan’s holdings, data shows that U.S. debt holdings increased by $2.2445 trillion since January 2009.

The latest date holdings were recorded in the U.S. was April 25, 2012. On that date, related data revealed that the Fed owned five and a half times the amount of U.S. Treasury securities it owned just one week after Obama took office. On January 28, 2009, the Fed owned $302 billion. On April 25, 2012, the Fed owned $1.668 trillion!

By the end of this past March, China reported owning approximately $1.1699 trillion of U.S debt while Japan held about $1.083 trillion of it…

The chart below compares and contrasts the major holders of U.S. Treasuries up until the end of 2011:

Read more: Fed Debt Holdings Quintupled Under Obama



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