By Michael Pollaro

As of 2nd quarter June 2010, the Federal Reserve held 25.7% of the U.S. government’s public held debt outstanding, up from 15.1% 4th quarter 2000.  And as for foreign central banks, they just love U.S. government debt, holding 37.1% of outstandings, up from 19.1% 4th quarter 2000. All told, as of 2nd quarter 2010, the monetization efforts of the Federal Reserve and foreign central banks stood at a combined 62.8% of public held debt outstanding, 1.8 times 4th quarter 2000.

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