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Bailout
Markell Holland • October 2, 2020
How did we let this happen again?
The Fed (Federal Reserve Bank) which isn't federal or a bank, stated they were going to bail out investors that had losses this March 2020 due to bad investments. After pumping Trillions to banks, putting the interest at 0%, and the printing of an insane amount of money. We will now see inflation rise, taxes rise, and those who have money saved will feel the devaluation.
Without the permission of the Government, since the Fed is a private entity, has made the decision to save the investment market using "open-ended quantitative easing" or in other words, print as much money needed to support the bailout of investors. Just 9 days ago the FED set a budget of $700B in bond purchases, where they blew through half in only 5 of those 9 days.
Have money in the stock market or are you an investor?
The FED is only supporting certain ETFs (Exchange Traded Fund) so you are not qualified for reimbursement if you have losses but as a taxpayer, you will be responsible for investors' bad investments.
This is a prime example of greed that WE THE PEOPLE should not trust, and if you seek to change this no vote will assist this change in this corrupt system. If the government itself with all of their laws, policies, and articles have no control or ability to audit the entity printing money then what makes you think you have the power?
Where does our money come from?
Part 2
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