The Quarantine Tapes 115: Nomi Prins
“For the most part, the Federal Reserve being able to electronically create money that effectively then goes through the largest bank in the country--the idea of that is to incentivize them to lend it out to the actual people in the country and to therefore help the economy, because individuals and small businesses and so forth will be able to get loans from their banks. The banks get that money from the Federal Reserve and the idea is that makes things work well.”
