That means they're selling about half a trillion dollars worth of our bonds a year. That's going into the market, not out of the market. That's a big change. We're also printing about $3 trillion in new debt a year from the federal government. So we've got $3 trillion hitting the markets instead of a half a trillion. Plus we've got another half a trillion coming off the Federal Reserve balance sheets back into the markets. (45:56–46:03)
CLAIM
Asserts that the federal government is printing about $3 trillion in new debt annually.
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