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2014 Fed Update: Buys 60% of U.S. Govt Deficit

06-19-2014 • Daily Paul.com

MONTH DEBT ISSUED FED BUYS REF

January $10 billion $40 billion 1,2

February $194 billion $35 billion 3,2

March $36 billion $34 billion 4,2

April ($107 billion) $30 billion 5,2

May $130 billion $24 billion 6,2

June $57 billion $25 billion 7,8

Total $320 billion $188 billion

They bought a roughly equal number of mortgages from private banks.

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