Inflation is bad for lenders (i.e. bankers) which has always made me wonder how some people can believe simultaneously that the Fed is responsible for rampant inflation and also working at the behest of bankers.
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Fed doesn't really give them money. More like clearing tokens we call reserves.
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I get it, but they are the counterparty the Fed deals with. If you're analyzing the politics of the situation, then the Fed (caricaturing) gives their banker buddies billions, and then that sparks inflation that hurts everyday people. This may not be true, but it's coherent
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