Mashinsky points out how the Federal Reserve, by lowering its interest rates to near zero, offers an unlimited amount of zero percent loans to large banks who offer credit cards during COVID-19. At the same time, these banks are raising their already high credit card interest rates even higher on tens of millions of unemployed Americans.

https://www.forbes.com/sites/jasonbrett/2020/05/04/how-crypto-innovator-alex-mashinsky-challenges-fed-monetary-policy/#736d0b423923
#blockchain
Mashinsky points out how the Federal Reserve, by lowering its interest rates to near zero, offers an unlimited amount of zero percent loans to large banks who offer credit cards during COVID-19. At the same time, these banks are raising their already high credit card interest rates even higher on tens of millions of unemployed Americans. https://www.forbes.com/sites/jasonbrett/2020/05/04/how-crypto-innovator-alex-mashinsky-challenges-fed-monetary-policy/#736d0b423923 #blockchain
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How Crypto Innovator Alex Mashinsky Challenges Fed Monetary Policy
'That is the audacity, the stealing in the U.S. economy - a lot of people don’t understand the ‘invisible hand’ that is emptying our pockets. The history books will show how this is 2008 all over again...only this time we are bailing out too big to fail corporations.' - Interveiw With Alex Mashinsky