Currently it is The Fed that is buying treasury t-bills. (With printed money...”monetizing the debt”...the printer goes “brrrrrrrrrr”!!)
Remember when Bernanke said the Fed wouldn’t monetize the debt?
https://www.c-span.org/video/?c4546512/user-clip-bernanke-debt-monetization
Yeah, I had a pretty good idea it would be the fed. I’ve seen the video, The creature from Jekyll Island.