This will be the first of several articles outlining the state of affairs in the West post-COVID-19. We’ll start with economics. A little over a month ago there were several headlines in open-source articles that carried the headline, “Has Trump Nationalized the Fed?”, or words to that effect. The US Federal Reserve has been a favorite of speculation, conspiracy theory, revile and even praise for years. We won’t be examining issues like foreign ownership in the Fed here. But recently, with the outbreak of the coronavirus in the US, it has been directed to start buying up junk bonds and the like to the tune of trillions of dollars at what many commentators see as an alarming turn of events, while using BlackRock as its agent. What exactly has happened to The Fed, then, and where will it likely land the country in the near future? Or the world for that matter? It’s been said that when the US sneezes the world catches cold, or in this case, a crowning virus. We’ll explore the astrology of The Fed here and see what clues are offered. Continue reading “What’s up with the Fed?”
What’s up with the Fed?
