ETFs the FED Bought
On a first time ever, the Federal Reserver revealed a list of ETFs they bought. That is - printed money out of thin air and bought. $1200 was your bribe.
All this in the name of “Helping You”.
We print the money digitally.
Most of the people have no idea what the FED just did this. I know and I’m pissed. They bailed out a bunch of people and companies that should have die financially.
When destruction arrives, building comes next.
I’m no fan of the Federal Reserve. Economic calculation is a complex endeavor for a single individual. Let alone, for a set of people to try it over million or even billions of people for the USA case. Yet, it’s good to know what they are buying.