A price demand curve model? This is why you have issues in debating such topics. A demand curve is not a model per say, it simply states the quantity demanded at different price levels.
I did not show you a "price demand curve".
That is because you don't know what the hell you are talking about; trust me, it was a price demand chart showing how price is affected by supply and demand.
Is this your obsession? I'll tell you what, answer me these simple questions, and ill tell you where i went to school. Sound good?
Does the Fed dole out us treasury certificates?
Where you wrong in this statement?
Yes I mistakenly stated that the Fed doles out Treasury notes. But most knew what my point was without clinging to it in a desperate attempt to hide their own uninformed notions about the economy as you have.
So now that I admit I meant something other than I had posted, where did you get your college degree in economics?
Are the biggest holders of US treasuries foreign entities? If so, show a link or some sort of proof.
We are going to start with the two major failures of which basic economic knowledge is needed to come to a truthful conclusion. Before we move on to the more pressing issues, lets start small TD.
So?
Here's the breakdown for you, is there a point?
U.S. NATIONAL DEBT CLOCK
The Outstanding Public Debt as of 26 Mar 2009 at 12:01:28 PM GMT is:
$11,052,878,402,387.89
The estimated population of the United States is 305,885,140
so
each citizen's share of this debt is $36,134.08.
The National Debt has
continued to increase an average of
$3.76 billion per day since September 28, 2007!
Top 15 holders of U.S. debt:
(15) Luxembourg
A country slightly smaller than Rhode Island currently holds $87.2 in US government
(14) Depository Institutions
As of the fourth quarter of 2008, the Federal Reserve Board of Governors lists depository institutions as holding approximately $107.3 billion in US debt. This group includes commercial banks, savings banks and credit unions.
(13) Russia
Russia's investment in US debt has grown over 330 percent in the past 12 months, from $35.2 billion in January 2008 to $119.6 billion in January 2009
(12) United Kingdom
Britain currently holds $124.2 billion in US debt, but the number has fluctuated dramatically in the past year, ranging from $279 billion, but dropping to as little as $55 billion in the summer of 2008
(11) Insurance Companies
According to the Federal Reserve Board of Governors, insurance companies hold $126.4 billion in Treasury securities. This group includes property-casualty and life insurance firms.
(10) Brazil
The South American economic giant has $133.5 billion in holdings, according to the Treasury. Brazil’s holdings of US debt have been relatively stable over the past year, with a high of $158 billion in June, and a low of $127 billion in December.
(9) Caribbean Banking Centers
The US Treasury identifies this group as institutions in the Bahamas, Bermuda, the Cayman Islands, Netherlands Antilles, Panama and the British Virgin Islands. Holdings recently hit $176.6 billion, up from $109.2 billion in January 2008.
(8) Oil Exporters
Big oil means big money... and big investment into US debt. Included in the group of oil exporters are Ecuador, Venezuela, Indonesia, Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, Algeria, Gabon, Libya, and Nigeria. The group combines for a total of $186.3 billion, up from $140.8 billion one year earlier
(7) Other Investors
Although the most recent numbers for this category are from September 2008, this extremely diverse group includes individuals, government-sponsored enterprises, brokers and dealers, bank personal trusts and estates, corporate and non-corporate businesses for a total of $413.2 billion
(6) Pension Funds
Pension funds control large amounts of money and are obligated to make relatively safe investments. This group includes both private and local government pension funds, totaling $456.4 billion. The private pension fund category also includes US Treasury securities held by the Federal Employees Retirement System Thrift Savings Plan "G Fund."
(5) State and Local Governments
US state and local governments have over a half-trillion dollars invested in American debt, according to the Federal Reserve. The level of investment has remained very stable over the past three years, moving within the range between $516.9 billion and $550.3 billion from 2006 to 2009.
(4) Japan
Another major US trade partner, Japan holds a huge amount of the country’s debt, with a stunning $634.8 billion. As recently as January 2008, Japan held the more US debt than any other country
(3) China (Mainland)
The buzz word in the market for US debt has been China. The world’s most populous country is also the largest and most important buyer of US debt. From September 2008 to January 2009, China raised its stake by over $120 billion. Standing at $739.6 billion in January, China’s holdings have skyrocketed from $492.6 billion from a year earlier. Hong Kong, which is not included in China's total, holds an additional $71.7 billion.
(2) Mutual Funds
According to the Federal Reserve, mutual funds are the holds the second largest amount of US debt compared to other groups. Including money market funds, mutual funds and closed-end funds, this group of investments has bought up $769.1 billion of US Treasury securities
(1) Federal Reserve and US Intragovernmental Holdings
That’s right, the biggest holder of US government debt is the United States itself. The Federal Reserve system of banks and other US intragovernmental holdings account for a stunning $4.806 trillion in US Treasury debt. And with recent announcments from the Fed, potentially another $1 trillion could be added... About a decade ago, this number was "only" $2.5 trillion.
Top 15 holders of U.S. Debt and other good stuff: TradeKing Trader Network