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
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