Try BlazeTV for Free
Glenn Radio

The Fed is buying $625 BILLION a week in bonds — but guess who pays the debt

And there's no end in sight

The Federal Reserve is now buying approximately $625 billion in U.S. treasury bonds, corporate bonds, and municipal bonds every week. That's nearly $2 1/2 trillion per month.

"At that rate, the Federal Reserve will own all outstanding U.S. public debt, federal and local debt, by September or October of this year. It will own all U.S. private and corporate debt by December," Glenn Beck said on Monday's radio program.

Glenn went on to explain that the Federal Reserve is already the largest single holder of U.S. government bonds and will now open up to purchase junk bonds from U.S. companies that are in distress as well as mortgage assets.

"The Fed also issued a new fund to buy U.S. mortgage assets from banks, pledging $200 billion per month," he added. "The U.S. Federal Reserve is now officially the largest landowner in the world."

But it's not the Fed that's responsible for all this debt. It's you, the American taxpayer. And now the Fed is saying the U.S. economy might experience shutdowns every time there's a coronavirus breakout for the next two years.

Watch the video below to hear Glenn's daily coronavirus update with all the facts and stats you need to know:

In response to the COVID-19 crisis, BlazeTV is offering our BIGGEST discount ever! Get $30 off your subscription when you use promo code GLENN. Claim your special offer at

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream

One last thing…
Watch TheBlaze live and on demand on any device, anywhere, anytime.
try premium
Exclusive video
All Videos
Watch BlazeTV on your favorite device, anytime, anywhere.
Try BlazeTV for Free
Sponsored content
Daily News Highlights

Get the news that matters most delivered directly to your inbox.