Banksters “print” more money than ever!
At the end of 2013, the US debt held by the Federal Reserve reached a new record high (12,5% of GDP) since the recorded data from 1940. In the revised data, the second highest was in 2011 (10.8% of GDP), the third was in 1946 (10.4% of GDP) and the fourth was in 2012 (10.2% of GDP). This means also that, three of the four highest figures for US debt held by the Federal Reserve since 1940 appear in the last three years (2011 – 2013)!
Also, at the end of 2013, the US debt exceeded 100% of GDP (100.6%) for the first time since 1947 (107.6%).
Note also that, at the end of 2008, the US debt held by the Federal Reserve reached a record low (3.3% of GDP) since 1942 (1.8% of GDP). This was the highest drop relative to the previous year (2007, 5.4% of GDP) since the recorded data from 1940. This equals to a -38.9% drop for the period 2007-2008, (the second highest drop was for 1940-1941, -24%).
All calculations based on numbers as percentage of GDP.
Primary data source: http://www.whitehouse.gov/sites/default/files/omb/budget/fy2015/assets/hist07z1.xls