Do you think that it’s ok for the Fed to buy bonds, ETF’s, and/or derivatives?

Ray Dalio: This is BIGGER Than 2008! Fed Buying JUNK Bond ETF’s As Collapse Intensifies!

 

The Fed continues to seize control over the financial system. The suits and ties distract you with their antics. Puppets and nonsense keep your eyes off the important things that are going on. There is no merger between the Treasury and the Fed. There was no nationalization. The Fed has become even more powerful and those who used to stand against the horrible nature of a central bank have stood down, arms crossed, mission accomplished, right?

 

Assets: Total Assets: Total Assets (Less Eliminations From Consolidation): Wednesday Level (WALCL) | FRED | St. Louis Fed

fred.stlouisfed.org/series/WALCL

Federal Reserve unveils details of $2.3 trillion in programs to help support the economy

www.cnbc.com/2020/04/09/federal-reserve-unveils-details-of-its-much-anticipated-main-street-lending-program.html

Fed Chair Powell says U.S. economy deteriorating with alarming speed

www.msn.com/en-us/news/us/fed-chair-powell-says-us-economy-deteriorating-with-alarming-speed/ar-BB12o0Ak

Fed Is Seizing Control of the Entire U.S. Bond Market – BNN Bloomberg

www.bnnbloomberg.ca/fed-is-seizing-control-of-the-entire-u-s-bond-market-1.1419755

Recovery law allows Fed to rope off public as it spends billions – POLITICO

www.politico.com/news/2020/04/09/coronavirus-recovery-bill-fed-records-176371

Coronavirus Crisis Legacy: Mountains of Debt – WSJ

www.wsj.com/articles/coronavirus-crisis-legacy-mountains-of-debt-11586447687

JPMorgan now sees economy contracting by 40%, and unemployment reaching 20%

www.cnbc.com/2020/04/09/jpmorgan-now-sees-economy-contracting-by-40percent-and-unemployment-reaching-20percent.html

Fed fires an even bigger bazooka, expands its shopping list to include junk bonds

www.cnbc.com/2020/04/09/fed-fires-an-even-bigger-bazooka-expands-its-shopping-list-to-include-junk-bonds.html

Ray Dalio predicts coronavirus depression: ‘This is bigger than 2008’

www.cnbc.com/2020/04/09/ray-dalio-predicts-coronavirus-depression-this-is-bigger-than-2008.html

IMF Sees World in Worst Recession Since Great Depression

ca.finance.yahoo.com/news/imf-sees-world-economy-worst-120000897.html

Bank of England to finance UK government Covid-19 crisis spending | Business | The Guardian

www.theguardian.com/business/2020/apr/09/bank-of-england-to-finance-uk-government-covid-19-crisis-spending