The Fed is run by PhDs, theorists, who in fact are stupid. I’ve attended their lectures. The hedgies will be bailed out because they are all liberals, bet on Clintons winning and now their investments didn’t see PDJT winning. This is another reason the Left hates PDJT so much because the beltline swamp are their best clients, and are losing $$$ unless bailed out.
Who could actually audit the FED and find out who loaned what in which amount to whom over the years? Also, how much direct funding did govt. agencies like the CIA get from the FED?
I would like to review some history. Germany after WW1 was saddled with heavy debt - imposed on them mostly by the French. In the 1920s to pay off this debt Germany started to print money and that escalated to hyper-inflation. And that eventually ended up with the 1929 Stock market crash and subsequent "great" recession in the U.S.
Since I believe that History does repeat itself, there are some parallels to the German 1920s today.
Major extra heavy Debt by virtually every country, China, Europe, U.S.
The ECB and the Fed. Printing Money - QE.
The Stock market extremely extended above its 200 day moving average
I wonder how long before this results in a major Stock market pullback, layoffs ? I hope it does not occur this year, after the 2020 Election most likely