The Fed doesn't work anymore. Loans were invented to encourage productive risk taking, but what risks are corporations taking? They already have more money than

The Fed doesn't work anymore. Loans were invented to encourage productive risk taking, but what risks are corporations taking? They already have more money than they know what to do with. They just use debt as a tool to avoid tax or to pay for online ads to deceive consumers to buy their inferior quality products and services and to create noisy anti-competitive environments. When it comes to regular people; they will use the new Fed money to take loans to buy houses in speculative areas where those same corporations are headquartered. The economy doesn't work. It has no incentive for value creation. It just takes money from people who have little capital and gives it to people who have big capital. Then, as the economy depletes capital from its most productive workers, it effectively enslaves them to capital holders who know everything about job creation but don't know the first thing about value creation.