Who Owns Our U.S. Treasury Securities?

 

China's holdings of U.S. Treasury securities rose to a record $1.317 trillion!  That is what the media has been reporting today, which, of course, is true.  No where did I hear any reporting by the main-stream media that the Fed holds $2.164 trillion of U.S. Treasury securities.  And, exactly how did the Fed come up with the $2.164 trillion to purchase those Treasury securities?  Oh, they simply created those trillions of dollars out of thin air to make those purchases.  Boy, do I like that business model!