So...am i to understand that a bank can get this money at no interest, and then make loans at the par rate ? What the fuckk am i wrong ?

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Although not at 0% interest, it is at interest rates well below the "official" rate, which means that, as you say, this money is used to reinvest, creating massive liquidity flows.

We are going to have a good inflation.

Backdooring this shit and normies wont even know its even happening ( normies barely know awhats happening rn anyway). Loans for free to keep definct poorly run companies alive...paid back with public debt of my children and grand children. Overwhelming.