FED Members of the Fed like (the actually very hawkish) Robert Kaplan are massively trading stocks - and thus trading a market that the Fed is significantly manipulating! Is the USA on the way to a banana republic? The conflicts of interest are evident, also and especially with Jerome Powell as head of the Fed, who owns a multi-million portfolio of US stocks. But even the highest-ranking U.S. politicians (Nancy Pelosi, etc.) actively trade stocks whose companies they regulate. And so valuations continue to rise and rise, with Apple passing the $2.6 trillion mark yesterday. Yesterday, especially the value indices under pressure (Dow Jones, Russell 2000) - allegedly concerns about the delta variety were the cause according to agency reports...
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#inflation #fed #RobertKaplan #gold #bitcoin #crypto crash
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