February 04, 2011
– Comments (3)
Duh. Wrong date. It's obviously for today - Feb. 4, 2011.
That's the first I'd heard that the Fed has passed China as the biggest holder of Treasuries.
But, the Fed isn't monetizing the debt.
And, the Fed isn't responsible for rising prices even though a stated goal of QE2 is to increase inflation.
Nothing to see, move along.