Much of the massive amount of new money the Fed is printing is going into Zombie Companies. How Zombie Companies Survive Zombie Companies are firms that don’t survive by producing value for their customers. Instead, they survive by parasitically draining resources from the overall economy by borrowing at near 0% interest from the Federal Reserve. […]
The $4 trillion created by the Federal Reserve as part of the 2020 stimulus program appears to have gone entirely to the top 1% wealthiest people in the world.