"The FED does not loan money." This is quite wrong. https://www.federalreserve.gov/monetarypolicy/discountrate.htm https://www.federalreserve.gov/monetarypoli

"The FED does not loan money." This is quite wrong. https://www.federalreserve.gov/monetarypolicy/discountrate.htm https://www.federalreserve.gov/monetarypolicy/discountrate.h... https://www.federalreserve.gov/monetarypolicy/standing-overnight-repurchase-agreement-facility.htm https://www.federalreserve.gov/monetarypolicy/standing-overn... https://www.federalreserve.gov/monetarypolicy/bank-term-funding-program.htm https://www.federalreserve.gov/monetarypolicy/bank-term-fund... In addition, the Fed also borrows money. https://www.federalreserve.gov/monetarypolicy/overnight-reverse-repurchase-agreements.htm https://www.federalreserve.gov/monetarypolicy/overnight-reve...