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One way that the govt can keep the economy stable is for the Federal reserve to just give the big banks money they call it 'injection'. It's framed as 'lending'
by nickthemagicman 5y ago
One way that the govt can keep the economy stable is for the Federal reserve to just give the big banks money they call it 'injection'. It's framed as 'lending' but at extremely low interest rates.
The expectation is that the banks will lend this out to companies to stimulate the economy.
Apparently instead of loaning this money out to to small/medium businesses big banks have mastered operating small/medium businesses at scale and are combining their banking with asset acquisition.
So banks having endless capital essentially given to them from the government in our tax dollars...while also having asset and business branches in their own closed system ultimately leads to massive banks owning the world.
People think the government is on their side but it's not.
https://www.google.com/amp/s/www.pbs.org/newshour/amp/economy/federal-reserve-to-lend-additional-1-trillion-a-day-to-large-banks https://www.google.com/amp/s/www.pbs.org/newshour/amp/econom...
https://www.investopedia.com/articles/investing/081415/understanding-how-federal-reserve-creates-money.asp https://www.investopedia.com/articles/investing/081415/under...