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Jenny's avatar

Dear Glenn,

I so appreciate your products and newsletter, as well as your invitation to respond to this recent post. Unfortunately, I respectfully disagree with your opinions regarding the Federal Reserve Bank and our recent 2020 Presidential election. Your reasoning regarding the Federal Reserve Bank's motives and "need for chaos and distraction" is not supported by any facts. You say: "they had to turn the illness into something massive, while shutting down the economy and causing considerable chaos," seems to be faulty logic and scapegoating. How did the Federal Reserve do those things, Glenn? How could a bank or its officials be responsible for the massive contagion, deaths, and required shutdowns? To impute such motives (or power) to the Federal Reserve bank, seems paranoid, angry, and unfounded. I would be interested to know more regarding these charges against the Fed. Thanks for sparking my interest in the role of the Federal Reserve. I am doing more personal research because of your writings.

My question to you: How can you not hold our current President responsible for the economic impact and longevity of the pandemic? He is our Commander and Chief! Trump admits he personally minimized the pandemic danger, then failed to act decisively to educate our public, and support early shutdowns, PPE for essential workers, invoking the Defense Production Act early in the pandemic, and utilizing executive power to provide immediate financial relief for the unemployed and families in need. During the worst of the pandemic (the last few weeks to now), Trump demonstrated his priorities: re-election. Rather than a focus on our citizens, national protections and support, Trump held super-spreader campaign events-with sometimes as many as 700 CoVid19 + tests resulting for attendees, and many dying after attending his events. I feel what has occurred in America this year sounds more to me like Presidential failure to lead, defend and protect. Trump’s presidential priorities has been to dismantle or weaken vital institutional protections, such as the EPA, CDC and the ACA, despite a national and global health crisis. His Presidency has been fraught with personal, institutional, and social chaos. I clearly hold Trump responsible for the chaos in our economy, and the charges you have attributed to the Fed.

As for the election - time, recounts and close scrutiny of any purported fraud will tell us who will lead our great country. I hope and pray we can get through this national chaos peacefully.

Glenn, you presented no facts or sources to support your opinion regarding this piece, so I can only assume you published your writing as opinion-only. Therefore, this is my opinion-only response. I thank you for the chance to respectfully respond to your piece. We are all in this together, collectively effected by these issues and sharing opinions like this is one of the reasons I love our dear country and freedoms.

Respectfully Submitted,

Jenny in New Mexico (November 8, 2020)

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Glenn Meder's avatar

Hi Jenny. Thanks for the response. My perspective is certainly not angry. I didn't explain my views because I've already explained them in depth and didn't want to just repeat. Please see the article I wrote in April. https://glenn.substack.com/p/my-perspective-of-covid-19 And yes, my views are strictly my own. I'm not trying to convince you of anything.

As for the Trump bashing, I think people have lost all perspective. You will notice that my article says what I think will happen, without taking sides.

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