By Ajay Raju
America’s national debt is currently over $36.6 trillion. That’s about $107,000 for every person in the United States, including children. While the number is staggering, the more urgent question is:
Who owns this debt and how will this growing debt affect your wallet, your job, and your future?
As foreign appetite for U.S. Treasuries fades and domestic savings struggle to keep up with ballooning deficits, the Federal Reserve may increasingly become the buyer of last resort. This quiet shift in debt ownership may reshape our monetary policy, threaten market stability, and subtly undermine U.S. economic sovereignty.
Are we already feeling its ripple effects?
Let’s dig deeper:
Who Actually Owns America’s Debt?
Here’s the surprise: roughly 70% of America’s debt is owned by Americans and American institutions. This is a massive change from just 20 years ago when foreign countries like China and…
