
Reward Systems - Money and More
What is Money ? An oversimplified view of the economic system goes like the following: When Fed increases the money supply, it means banks can now lend more money so loans are provided at a lower rate of interest to companies and people. A common depiction in pop culture is Powell going brrr with the money printer. When Fed reduces the money supply through Quantitative Tightening, banks find it harder to lend money and thus provide loans at a much higher rate. Meme: Money printer going brrrr during 2020 ...

