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What entity holds the most U.S. government debt?

Discussion in 'Political Issues' started by cowboy1964, Aug 16, 2012.

  1. cowboy1964

    cowboy1964

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  2. JBnTX

    JBnTX 2 Timothy 2:15

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    That's one checkbook that will never be balanced.:whistling:
     

  3. jakebrake

    jakebrake cracker

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    it worked out so well in the past, now didn't it?

    think..."Weimar"
     
    Last edited: Aug 16, 2012
  4. JW1178

    JW1178

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    The government prints money through the Federal Reserve and they count it as a "loan" so that it won't result in inflation. In all reality we don't have to pay that money back, but we have to make it seem as though we are going to in order to make the debt valid. If we keep growing it eventually nobody will honor the value of the dollar, which is already starting to happen.