The fed gave literally trillions of dollars directly to a small group of banks known as Primary Dealers
The corporate media fake economist pundits tell us that _we_ cause inflation because _we_ have more money. But
we don't - the primary dealer banks do. They are supposed to lend it out, but instead they give it to their cronies who drive up the price of assets after they buy, guaranteeing we pay their profits.
This is the current list of US "Federal Reserve" primary dealers as of the date of this post:
ASL Capital Markets Inc.
Bank of Montreal, Chicago Branch
Bank of Nova Scotia, New York Agency
BNP Paribas Securities Corp.
Barclays Capital Inc.
BofA Securities, Inc.
Cantor Fitzgerald & Co.
Citigroup Global Markets Inc.
Daiwa Capital Markets America Inc.
Deutsche Bank Securities Inc.
Goldman Sachs & Co. LLC
HSBC Securities (USA) Inc.
Jefferies LLC
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
Morgan Stanley & Co. LLC
NatWest Markets Securities Inc.
Nomura Securities International, Inc.
RBC Capital Markets, LLC
Santander US Capital Markets LLC
Societe Generale, New York Branch
TD Securities (USA) LLC
UBS Securities LLC.
Wells Fargo Securities, LLC
Notice how many of the institutions on this list have been shown time and time again to be more crooked than a dog's hind leg?
The greeps running these nests of criminals are the pinnacle of corruption, the primary source of evil, the minions of Sauron.
HSBC got chased out of Malta and cyprus for laundering. in particular it was south American drug money and russian money of some sort
oh come on... Even Sauron would proclaim " fuck sakes! that's a bit much eh?" :P