Rich people cozy with the federal reserve banking system get perks like free money from that the guy in the meme J Powell. The politically connected elite get fresh "digitally printed" money to play with, in the form of bank account deposits in their Federal Reserve Bank accounts.
Image you were born with a silver spoon, and daddy pulls some strings for you and get's you a new Federal Reserve Bank account. You log in one evening, and One evening, and your account balance says you've got $0 in this account. The next morning the federal reserve decides to change your account balance to $1B. That's what they're doing in short. Now you've got to return this money eventually, but you're paying almost 0% interest on it, so you can loan it out at 5% interest, sell those debts at 2.5%, and pay back your loan. Best part is you get to keep that extra 2.5% on that billion so your rich ass just made a quick 25 mil because you got the Fed Reserve connect.
You could also invest this money in other endeavors too, and all you need to do to be profitable is make just a little bit more than the near zero interest you're being charged. In hustler terms, you could buy an ounce of weed for $200, break it down to 8 eights, sell 4 of them at $50 a piece and smoke almost the entire half ounce left, maybe breaking off a nickel bag to cover the interest, and baggies. Basically free/easy money.
They "print" off that free money by the Billions, even Trillions depending on how you look at it, but the only people benefitting are the politically connected I just mentioned above (who already got money) with connections to the federal reserve banking system. The general public benefits slightly with lower interest rates out if they want to borrow due to all these parasites competing on interest rates.
Most people think that money is just printed from nowhere, but it isn't. The money is hidden tax on everyone's savings accounts, which is why wise people never hold large amounts of cash. The amount of goods and services availiable to buy remain the same, yet the money supply increases, so naturally prices go up to account for this. So that $20,000 you saved up over the last 10 years for a downpayment on a house is no longer enough. You think the price went up on housing, when in reality the price just went down on your savings because they dipped into it for this scheme.
This system secretly takes money from one class of people (those who hold cash, or savings), and gives it to another class of people (those who close to the federal reserve banking system). That's not even mentioning theft of your wages, I mean if that dollar you earn tomorrow isn't able to buy what it could yesterday, you're essentially making less money every day. Death to the working class by a thousand paper cuts. This is sort of what Socialists want to do, They want to take money away from one class of people against their will, to help, and gain votes/popularity with another class of people. It's not charity because they aren't sacrificing anything but someone else's funds. That's why our system, right now is basically "Socialism for the rich".
