[Theophilus]

We're not going to monetize the debt

Oh but you already have Mr. Bernanke.

[Toddsterpatriot]

We're not going to monetize the debt

Oh but you already have Mr. Bernanke.

Exactly! He monetized so much, the Fed holds less than on October 10, 2007.

The Fed held $779.6 billion in Treasuries, looks like we're down to $776.6 billion since then.