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MARRIAGE OF GOV & CENTRAL BANKS: What this means for the future of your money, by Lynette Zang
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Published 3 years ago
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LINK to Slides and Sources: https://www.itmtrading.com/blog/what-the-marriag%E2%80%A6-by-lynette-zang/

Many making under $75,000 have recently (or will) gotten their $600 stimulus checks, though that little amount does not cover even a month of costs. But don’t worry, more help is on the way in the form of feisty Janet Yellen, former Fed Chair who is most likely to become the Secretary of the Treasury.
In released statements she is quoted as saying that the US should “act big”, meaning create a lot more debts, deficits and new money. Of course, Wall Street is cheering because they know most of this new money is most likely to come their way, though perhaps the much talked-about-for-ever infrastructure spending may finally happen. We will see, but, for Main Street too, help may be on the way.
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By ITM Trading's Lynette Zang

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