Who bought the $1.3 trillion in debt the US government added to its $23-trillion pile in 12 Months?

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Published : February 20th, 2020
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Wolf Street/Wolf Richter/2-19-2020

“And who the heck bought all this debt?”

USAGOLD note:  Using Treasury Department statistics, Wolf Street breaks down who bought last year’s $1.3 billion addition to the national debt as follows:  Foreign creditors – $425 billion; the Federal Reserve – $344 billion; U.S. government agencies (like Social Security) – $178 billion; U.S. commercial banks – $131 billion; funds and institutions – $141 billion.  For the details in each category, we invite you to visit the link above.

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