Wall Street vs Main Street – winner takes all

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IN the midst of the Covid-19 pandemic, every government is trying to ensure that they are able to contain the virus’ exponential rise.

Despite the efforts, the numbers continue to increase and we now have more than 2.18 million cases worldwide with 145,000 fatalities and counting. While the Covid-19 graph looks like an exponential graph (see chart), there is another graph that is also rising exponentially and that is the US Federal Reserve’s (Fed) balance sheet.