Article Image
News Link • Government Debt & Financing

The Fed Could Simply CANCEL $2 Trillion of Government Debt

• zero hedge
Federal Reserve Chairman Ben Bernanke should simply cancel the Treasury debt that it owns. The government can just forgive the government's debt.

This wouldn't solve the debt problem entirely. The Federal Reserve doesn't own all U.S. government debt; it owns only roughly $2 trillion of it. 

Join us on our Social Networks:


Share this page with your friends on your favorite social network: