[PeterPrinciple]

The Bank of Canada holds 20 percent of these bonds, meaning it is effectively paying itself interest on the debt it owns

---

working as designed.....................

[napscoordinator]

Thank God they are telling trump to hit the curb. Just what we need is a national with debt.

[griswold3]

As of 3rd qtr 2024, Fed owns $7T of US debt. When libs dismiss federal debt as “We owe yhat to ourselves”. I can’t figure why they don’t worry about the other publicly owned debt.