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Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags

In mid-August the U.S. stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million Americans face the risk of eviction, the 16th Chair of the Federal Reserve, Jerome Powell, is profiting from all the stock market craziness. The U.S. economy is facing financial disaster after the country’s government decided to enforce harsh lockdowns and shutdown over 60% of the nation’s business production. U.S. bureaucrats leveraged Covid-19 as an excuse and politicians continue to…

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