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by ajaxian 5729 days ago
Incidentally the US Federal Reserve is currently the world's second largest holder of treasuries after China (http://www.zerohedge.com/article/deconstructing-pomo-fed-bec...) and is on track to become the single largest holder in about a month. I'm not sure what the long-term implications of this are, but I'm guessing they're not good...