Is the Federal Reserve really tapering? If you look at the latest numbers from the US Treasury Department last week on countries that are holding US Treasury bonds, you will notice something very strange.

A new mystery has emerged over just how Belgium has purchased over $150 billion worth of US Treasury bonds in the last 5 months.

Not only does Belgium have a deficit but if you take Belgium's entire GDP, it means that they would have had to spend nearly 90% of their GDP on US Treasury bond purchases! Obviously it's not Belgium who is actually buying these US Treasury bonds.

Someone is laundering money through Belgium to purchase a massive amount of US Treasury bonds. Some are speculating that it is the Federal Reserve itself that is laundering money through Belgium in order to purchase US Treasury bonds. This way the Federal Reserve can claim they are tapering in the mainstream media while secretly continuing their bond buying program.