The Rise of PPP Loans

A lot of people have blamed that rise in deposits on some of the PPP loans. I think most of it was because, you know, like he said, the economy went crazy boom. The Fed back then cut interest rates real low and everyone was just lending lending lending. So VCs were flush with cash that they were pouring into all of these companies. And the bank is just taking it, raking it, all this fucking money!