What the heck is the Fed doing *not even* accounting for COVID19 and response in its forecasts. *I* do that for my investments and I'm just a single person. Come on!https://twitter.com/quantian1/status/1272028611239952384 …
You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more
I wouldn't say they're "investing" on behalf of the American people—at least not in the traditional sense of seeking a profit. Think of the Fed as a sort of non-profit market maker, or even a loss-making one, that subsidizes liquidity, and maybe certain other things.
Here's the fine point: Why is it subsidising the liquidity of the murderous Carnival Corp, and hundreds of other Zombie companies, instead of the American people? It's socialized responsibility, because the Fed has a monopoly power which it is using to support an unequal system
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.