As Fed Pauses Printing, Total World Debt Tops $100 Trillion

As Fed Pauses Printing, Total World Debt Tops $100 Trillion (ZeroHedge, Oct 29, 2014):

If, as Lacy Hunt explains “debt is an increase in current spending in lieu of future spending,” then we have some ‘un-spending’ to do…

 Total World Debt

2 thoughts on “As Fed Pauses Printing, Total World Debt Tops $100 Trillion

  1. Pauses printing? For how long? Since only 33% of the world now uses the dollar, and QE is over……….they stop printing. The article does not say how long or give any other details.

  2. Besides pausing the endless printing because fewer and fewer nations use the dollar, and they are sitting on piles of paper money that nobody wants……the FED is cutting their losses. Mortgage backed securities and other rubbish is what they are left holding. The slide in American housing continues because wages are falling, not growing……..they are going to try to sell this crap on Wall Street. What if nobody buys it? It is a viable question because most transactions are buy, skim, and sell high frequency trades. Small investors are sitting on the sidelines, they are not buying anything right now.
    So, they have no viable market. Nobody is buying anything on Wall Street, no matter how they rig the market to show otherwise. The end move is always sell.

    The interest on the national debt is about $431 billion, and the FED has been paying it. At what point will they tell the US to pay their own interest? We know they cannot. The dollar is worthless, it has been published and printed nonstop for years.

    So what happens? How long will the FED, a private bank, play ball with a bankrupt nation?

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