> Meanwhile internet propaganda constantly tells people that it is a push based system, that somehow the Fed is telling the commercial banks to issue more loans and then for every dollar in created reserves the commercial bank calls and naggs you that you should borrow more and somehow the citizens just keep falling for it every single time.

GP is referring to Quantitative Easing which is a push based system, not sure how this is internet propaganda? The Fed actively creates new dollars and uses them to buy assets from the open market.