You know perfectly well thread after thread you appear like the troll you are and repeatedly spin the same crap. Your a LIAR the article you are referring to you are purposely distorting. I never said any of the things you claim. Your just a pain and many on site have told you so. Now I’m telling you so. Show me troll where I said 1600is less then 1773 put up or shut up.
This is the article you immediately tried to cause problems with and your an outright liar people can go through your posts and see that for themselves.
Fed Passes China in Treasury Holdings (Soon Fed will hold more than China and Japan Combined)
http://www.freerepublic.com/focus/news/2668104/posts?page=37
Really?
Show me troll where I said 1600is less then 1773 put up or shut up.
No, no, no. You said 1600 is more than 1773. You are wrong.
Fed Passes China in Treasury Holdings (Soon Fed will hold more than China and Japan Combined)
That's where your most recent math error occurred.
According to the most recent US Treasury data on foreign holders of US government paper, China holds $896bn and Japan owns $877bn.
See those numbers? 877 + 896 = 1773.
And get this. "By June [the Fed] will have accumulated some $1,600bn of Treasury securities
See that number? Now check this out, 1600 (Fed ownership by June) is less than China and Japan combined (1773).
Do you understand English and math? Do you see how stupid you've sounded since I first pointed out your innumeracy?
“By June [the Fed] will have accumulated some $1,600bn of Treasury securities, likely tobe in the vicinity of China and Japan’s combined holdings,” Richard Gilhooly, a strategist at TD Securities, told FT.
As we can see from this, the Mighty Todd's "math" ASSumes that China and/or Japan will NOT reduce their holdings while the US is increasing theirs over the course of the next 4-5 months. **snicker**
Don't bother with him, he likes to King of the FR economic sandbox, and is askeert of the places like Zero Hedge and the Ticker forums where he get schooled right quick.