Pyramid Plan

All the old paintings on the tombs
They do the sand dance don't you know
If they move too quick
They're falling down like a domino
--Bangles

So the Fed prints money and gives it to the banks. Now bureaucrats are considering a proposal to have the banks 'lend' to the FDIC, the underfunded government insurance agency that's backstopping bank deposits.

This is pure Ponzi.

Hopefully this will be more apparent to US citizens than it is to the NYT.