Earlier quoted context omitted.
Interesting, can you expand on this?
It's pretty clear that a lot of jobs today are useless and if you've worked for enough big companies, you might have realized that big companies are extremely inefficient. If big companies are so inefficent, why then are they able to generate so much profit from the economy? The reason is monetary policy. The Fed constantly 'prints' new money out of thin air and injects it into the economy via a combination of 1. loa…
The Fed mostly buys government bonds, the markets for which are very liquid and efficient.
(The government however does benefit from the Feds buying their bonds, instead of injecting money into the system some other way.)