The U.S. Federal Reserve has continued its schemes of monetary easing and funding a number of private banks during the Covid-19 outbreak. On Monday evening, the Fed revealed it would be buying corporate bonds and exchange-traded funds using the entity’s Secondary Market Corporate Credit Facility (SMCCF). Additionally, financial analysts from Wall Street on Parade have continued to expose the Fed’s tactics. The investigative journalists note that the American populace needs to know: “[The Fed must be] stripped of its ability to bail out the trading firms on Wall Street.”
The Fed and Blackrock Have No Oversight and Just Do Whatever They Want
The Federal Reserve is more powerful than ever before. For the past two months, the U.S. central bank and many other foreign central banks have used Covid-19 as an excuse. The Fed has created trillions for Wall Street and corporate executives, while at the same time putting U.S. citizens in debt forever. There is vast amounts of historical evidence that shows modern central bankers have been colluding since the early 1900s and devastated the American economy in the ‘20s, ‘30s, mid-’80s, 2007 through 2010. Alongside most recent economic disaster as well. Despite this history, the American populace is still not aware of how criminal the Fed has become. Wall Street on Parade columnists Pam Martens and Russ Martens detailed that Americans must do something to fix the situation soon. The financial researchers explained:
It should be clear to all engaged Americans at this point that the Fed must be stripped of its supervisory role over the Wall Street megabanks; that it must be stripped of its ability to bail out the trading firms on Wall Street.
Even though a lot of reports, including a myriad of
