Who or what exactly is the biggest holder of the U.S. Government Debt?

[BlueStreak]

20. And one more thing ...

Fact 1: Social Security is the biggest holder of US debt and Medicare is one of the biggest.

Fact 2: For a decade, the Fed has been holding interest rates artificially low.

The Fed says they have the rates low to stimulate the economy, but that is mostly bullshit. People don't grow businesses because interest rates are low. They build businesses when they see customer demand.

So what is really going on here? The Fed policy is designed to a) benefit the banks that can get money now basically for free , and b) to benefit the Federal government that has a $14 T debt to serve. If we had to pay a real market interest rate, that would add another $600 Bn a year to our deficit. Nothing tricky there. Simple facts and simple arithmetic.

Now, what does this say about Social Security? It says we have been cheating the Social Security fund out of something like $100-$200 billion a year in interest for at least the last decade. You think another trillion or two in the social security fund would make a difference? You bet it would.

THIS is what seniors are now being forced to pay for. (And with good luck we all become seniors eventually so this massive scam screws us all -- some sooner than others.)