KW: The FEd is now in the business of buying shares from distressed dealers. Soon the U.S. will be like the Bank of Japan and be the largest investor in the Wall Street exchanges if they don’t look out. The casino has just got a lot larger. This is extraordinary and indicates that the economic impact of the virus will be much worse than getting the virus itself.

                                                                                                                                             FED Chair Jay Powell

Source: Fed Launches Primary Dealer Credit Facility Which Will Accept Stocks As Collateral | Zero Hedge