Jason Burack of Wall St for Main St provided an update on the Federal Reserve's balance sheet after the Quantitative Tightening (QT) program has already started but is slated to continue to ramp up for the rest of 2018 until QT gets to $50 billion per month in asset sales starting in October. Track the Federal Reserve's balance sheet here: https://fred.stlouisfed.org/series/WALCL Jason talks about how the Fed briefly panicked and stopped QT and started increasing its balance sheet again for about a month when the US Dollar Index was in danger of crashing below key 88 support levels. Within about a month, the US Dollar Index has now rallied strongly to over 93 at the recording of this video on Tuesday, May 8th 2018 which gave the Fed a green light to continue with QT. Jason also talks about how much debt and credit has increased globally since the 2008 global financial crisis and how despite the Federal Reserve's publicly stated balance sheet not increasing basically at all since October 2014 how the other major central banks have done their own QE or balance sheet expansion to pick up the slack. Read Danielle DiMartino Booth's new article about this: https://www.zerohedge.com/news/2018-05-04/dimartino-booth-reveals-great-contagion Read a new article from Nomi Prins about central bank collusion/coordination: https://dailyreckoning.com/collusion-central-bankers-rigged-world/ Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We have 40 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected]