President Joe Biden just signed the $1,9 trillion spending bill after different versions passed both houses of CONgress. Biden, Dems prevail as Senate OKs $1.9T virus relief bill https://apnews.com/article/joe-biden-ap-top-news-legislation-coronavirus-pandemic-joe-manchin-298ad8c447e9a121ece9529221e83136 However, everyday Americans, if they even qualify to get a $1,400 check at all will not even get 25% total of the $1.9 trillion! To try to prevent the Fed's balance sheet from going up another $1.9 trillion immediately to $9.5 trillion, the US Treasury has begun massive draw downs of the US Treasury General Account of hundreds of billions of dollars with $110 billion in just the last few weeks. However, with the currency size of the US federal government budget deficits the size of the US Treasury General Account is nowhere near enough to subsidize the full annual budget deficits that are now here plus any additional spending programs from CONgress and/or the White House. Maybe this is why the 10 year US Treasury yield is near a 13 month high? https://www.marketwatch.com/story/10-year-treasury-briefly-surges-past-1-6-as-1-9-billion-relief-bill-nears-11615220220 In spite of this, the Dollar Index (DXY) has also started a little rally the last few weeks so some of the spending bill may have already gotten priced in or the currency markets have decided that other central banks are doing even more reckless spending than the US is...for now... Commit to tipping us monthly for our hard work creating high level, thought provoking content that includes interviews with top experts, analysis and short videos about investing and the economy https://www.patreon.com/wallstformainst​ 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 You can also checkout the Wall St for Main St Facebook Fanpage at http://www.facebook.com/WallStforMainSt.​ or the Wall St for Main St Facebook Group where you can learn and join in on the conversation! 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 or through Paypal. Send one time donations to our Paypal to the email address: [email protected] Donate Crypto Currency to WS4MS: Send Bitcoin to: 1N5iDrazojYX5rWxmoyp982RDXJzJrFoPC Send Ethereum (ETH) to: 0x748dD59fA5d5dF80E8C0038DD4F60DAb810fe61a Send Litecoin to: MW7g44j5FX9CYEkvfPvxsW5dFjHY84yup4 Send DASH to: XuEEhWptwf1XxP2nFYQxmBfBBJYehqRoBJ Send Zcash (ZEC) to: t1MGcxyWpiH6JeyF9nnWHw9poRpvTW4PT6S Send Bitcoin Cash (BCH) to: qr7mp7f053rwnpxalxljl3f9x5tulzv53ya88d7wch Wall St for Main St is also available for personalized investor education and paid research work (we write research reports and teach). Please email us to learn more about the research work we offer at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**