Surf Report: Fed up

Issue 35: 05.23.2021 (Subscribers Edition)

INTRODUCTION

May 23, 2021

Hi everyone—I’m so glad to have you here. What a week.

Following the release this week of Fed minutes from their April meeting, it was revealed that Central bank members elected to keep holding interest rates at near-zero and keep buying government bonds with the money they keep printing. They do this so people spend their savings…