Indeed. The government passed out money like candy and printed treasury’s to fund it at interests rates the Fed (who they hire) set at record lows. They then pu

Indeed. The government passed out money like candy and printed treasury’s to fund it at interests rates the Fed (who they hire) set at record lows. They then put into their own regulations that these are 0 risk assets and banks bought them to pay for depositors. Then the Fed decided to put rates at the highest level in 20 years.