Federal Reserve Balance Sheet Update: Week Of August 5
• Zero HedgeComment (mine) You know what they say about Socialism it is a great idea until you run out of other peoples moneyl. Foreign holdings of USTs and Agencies increased by $23.5 billion monthly to $2,810 billion from $2,787 billion in the prior month. This is now less than 20% of the comparable increase in Securities Held Outright by the Federal Reserve, implying foreign purchasers are starting to fall far behind in their purchases of US securities relative to the Fed's monetization rate.
