The US Treasury now directly holds a mind scrambling $1.07 trillion in securities—including yesterday's Permanent Open Market Operations.
Based on those numbers the United States holds $163 billion in assets more than our largest creditor—the Chinese.
And—once again—the chart porn is fantastic.
Note: On the Federal Reserve balance sheet chart we've reposted, the y-axis values are expressed in millions of dollars. Just in case you're having difficulty shifting the decimal point six places to the right, the $4,000,000—when expressed in millions—is $4 trillion. Simply dizzying.
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