In the last few years the Federal Reserve has loaned trillions of dollars to banks, many of them foreign.
The GAO report isn’t an easy read, and it’s layered with ass covering (We were audited! See? It’s all ok.) but it’s clear that the Federal Reserve, by loaning trillions of dollars, let virtually ALL the largest banks in the world avoid bankruptcy.
This isn’t capitalism and it’s damn sure not a free market.