penury wrote:. Check the amount owned by the Fed, I believe at last count it was over 18 trillion dollars.
Completely wrong. Are you thinking of the total US federal national debt figure? (That's over $19 trillion now, and counting).
The actual amount of US treasury debt owned by the Fed is a little under $2.5 trillion, and has been for the past year.
https://research.stlouisfed.org/fred2/series/TREAST
I did a Google search on "amount of treasury debt owned by the federal reserve" and got 13.1 million hits, with the good link above as the first answer, with five seconds of work. Why don't posters put out a LITTLE effort instead of just posting complete nonsense, re easily obtainable objective data?