The NY Fed's Quantitative Easing (QE) counterfeiting scheme:
NYFed buys treasuries (and MBSs) outright from (only) NYFed primary dealers by creating reserves out of thin air, which seditiously undermines Congress’ sole power to regulate our currency. This is QE.
NY Fed’s primary dealers then take those reserves and earn Interest on Excess Reserves aka IOER (now called IORB) on them at the NYFed, interest which IS PAID IN CASH to the primary dealers--cash, which they DO MAKE INTEREST ON, this is their counterfeiting scheme (also, every penny paid in interest (cash) to the primary dealers for excess reserves also reduces the Fed’s remittance to the US Treasury).
The NYFed used QE to bail themselves out during the financial collapse of 2008 and is how its primary dealers have been effectively counterfeiting our currency ever since.

the Fed NEVER paid out interest before fucking 2007/8

>>509912922
>the US can't allow everything to become cheap because that pisses off investors. So they increase the demand for money itself.
more like:
>we are borrowing our own currency from the 2008 failures that changed the laws to keep themselves in power

specifically:
The NY Fed's Quantitative Easing (QE) counterfeiting scheme:
NYFed buys treasuries (& MBSs) outright from (only) NYFed primary dealers by creating reserves out of thin air, which seditiously undermines Congress’ sole power to regulate our currency. This is QE.
NY Fed’s primary dealers then take those reserves & earn Interest on Excess Reserves aka IOER (now called IORB) on them at the NYFed, interest which IS PAID IN CASH to the primary dealers--cash, which they DO MAKE INTEREST ON, this is their counterfeiting scheme (also, every penny paid in interest (cash) to the primary dealers for excess reserves also reduces the Fed’s remittance to the US Treasury).
The NYFed used QE to bail themselves out during the financial collapse of 2008 & is how its primary dealers have been effectively counterfeiting our currency ever since.

“The quality of education given to the lower class must be of the poorest sort, so that the moat of ignorance isolating the inferior class from the superior class is & remains incomprehensible to the inferior class. With such an initial handicap, even bright lower class individuals have little if any hope of extricating themselves from their assigned lot in life. This form of slavery is essential to maintaining some measure of social order, peace, & tranquility for the ruling upper class.”
― Milton William Cooper, Behold a Pale Horse

Since 2008, QE (around the world in debt-based central banks, not just at the NYFed) has enabled the 2008 global banking failures/insiders (the NYFed’s primary dealers) the last 15 years to counterfeit funds in their own favor.
Giving funds to their political & economic cronies, while killing off competition & acquiring assets.