The Fed is ALREADY a Top 5 Owner of the Biggest Corporate Bond ETF’s! Watch THIS To See Full List

In just a matter of weeks, the Fed has already become one of the top holders of corporate bond ETF’s. This ranges from investment grade, to garbage…uh I mean junk debt. There has been no stopping their actions, and in fact, their most recent meeting minutes suggest that they will be buying for years to come. Just imagine a world in which the Fed owns basically everything. A world in which a secretive institution, with unelected technocrats decide the value of your currency and will do anything to consume it all. Sounds like fun!

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https://wolfstreet.com/wp-content/uploads/2020/06/US-Fed-Balance-sheet-2020-06-18-SPVs.png

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https://www.nakedcapitalism.com/wp-content/uploads/2020/07/00-Fed-2.png

FRB: H.4.1 Release–Factors Affecting Reserve Balances– June 25, 2020

https://www.federalreserve.gov/releases/h41/current/

Repo and Reverse Repo Operations – Federal Reserve Bank of New York

https://apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000

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https://www.zerohedge.com/s3/files/inline-images/BOJ%20owns%2080%25%20of%20ETFs_0.jpg?itok=BwPLfECh

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https://www.zerohedge.com/s3/files/inline-images/Fed%20IP1.jpg?itok=HfYoYLuD