CORONAVIRUS UPDATE: The Fed is buying 625 BILLION DOLLARS a week in bonds (debt that YOU will pay!)

The Federal Reserve is now buying 625 BILLION dollars a week in US treasury bonds, corporate bonds, and municipal bonds…the fed will own all outstanding US public debt AND federal and local debt by September of this year. It’s already the largest single holder of US government bonds, and now will open up to purchase junk bonds from US companies that are in distress as well. But it’s not that fed that’s responsible for all this debt…it’s YOU, the taxpayer. NOW do you think it’s time to re-open the economy?