Listen, son, it's the largest cartel on the planet. It's balance sheet expands and contracts arbitrarily b/c it's has a magic checkbook that can create money from nothing. They buy real assets of real companies to backstop prices that should be set my market forces and we're not allowed to know about it till long after the fact. Boy, I'd say that if most regular people knew how entrenched the fed was in their daily business they would want to know more than "It's a little PCAOB", which is a lie.