Replies to post #10333 on Globalist Reality Report

[Porgie Tirebiter]

"Who do you think we borrow our own money from?"

As to who we borrow money from, it's mainly China and Japan.

You referenced an M1 chart from the St. Louis Fed. It showed a terrific spike in early 2020. There was an explanation from the St. Louis Fed why the chart would show that. It was due to a redefinition of what they were going to track as "money in circulation". That's not a representation of debt. It's money in circulation. You inferenced that it was "debt".

And one more time. I agree our government (as a whole) is being reckless regarding our National Debt.

[janice shell]

Who do you think we borrow our own money from?

China, mostly. But more broadly, from anyone who buys Treasuries.