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To: Toddsterpatriot
Thanks fore keeping me correct... the Federal Government and Federal Reserve are too cozy for comfort. While the USG owned GM stock, the Fed Reserve buys the Debt or Treasury Notes issued by the USG in essence ensuring that from an American Interest the markets can absorb enough US Treasury Notes to not make the issue of the all mighty T-Bills excessive.

Can you clear something up? When foreign governments buy US Treasury Notes, is it their Central Bank or is it their Government?

Hence my confusion as one can easily be led to conclude the USG buys Treasury Notes/Debt from Japan, or China buys Debt from the USG or vice versa. But where actually is the money held? If other Governments are buying debt (any nation's from one another).

Executive Order 12631 signed by Ronald Reagan on March 18, 1988 created what is frequently called the The Plunge Protection Team which was created to make financial and economic recommendations to various sectors of the economy in times of economic turbulence. The team consists of the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve, the Chairman of the SEC and the Chairman of the Commodity Futures Trading Commission. It is supposed that in the bowels of the FED that they may have secretly intervened in limited stock purchased, but this would allow hedge fund (managers) to make a killing too, thus many have argued against the possibility of this. Nothing would surprise me.

12 posted on 05/30/2015 9:13:13 PM PDT by Jumper
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To: Jumper
the Federal Government and Federal Reserve are too cozy for comfort.

Since the Fed is part of the government, that makes sense.

When foreign governments buy US Treasury Notes, is it their Central Bank or is it their Government?

Do they pay from the right pocket, or the left?

It is supposed that in the bowels of the FED that they may have secretly intervened in limited stock purchased, but this would allow hedge fund (managers) to make a killing too,

Hedge funds wouldn't sell to the government?

13 posted on 05/30/2015 9:17:20 PM PDT by Toddsterpatriot (Science is hard. Harder if you're stupid.)
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