"the Fed announced an emergency rate cut on March 3, and it is widely expected to reduce its rate to zero in the near future." ("The Fed Can't Save Us" 03/12/2020)
"The Federal Reserve announced today that it will aggressively begin injecting liquidity into the market again." ("The Fed Announces Another Flood of Easy Money" 03/12/2020) Translation: hyperinflation

Could you flesh out this "wealth transfer to the" Jєωs for me?

When the Federal Reserve Bank of the United States, created in 1913 by Mr. Paul Warburg, a German Jєω belonging to the Banking Firm of Kuhn, Loeb and Company, had been a few years in existence, in 1916 to be precise, President Woodrow Wilson thus summed up the situation in U.S.A.: "A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. . . We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world—no longer a Government by conviction and the free vote of the majority, but a Government by the opinion and duress of small groups of dominant men." From the similar testimonies quoted by Christopher Hollis in The Two Nations, let us take one." Behind the ostensible government," ran Roosevelt's policy, " sits enthroned an invisible government owning no allegiance and acknowledging no responsibility to the people." [Op. cit., p. 5519. The Two Nations is published by George Routledge and Sons, Ltd.]

The usurer has lent his money to one who takes it of his own free will, and can then enjoy the use of it and relieve his own necessity with it, and what he repays in excess of the principal is determined by free contract between the parties. But a prince, by unnecessary change in the coinage, plainly takes the money of his subjects against their will, because he forbids the older money to pass current, though it is better, and anyone would prefer it to the bad; and then unnecessarily and without any possible advantage to his subjects, he will give them back worse money. . . . In so far then as he receives more money than he gives, against and beyond the natural use of money, such gain is equivalent to usury; but is worse than usury because it is less voluntary and more against the will of his subjects, incapable of profiting them, and utterly unnecessary. And since the usurer’s interest is not so excessive, or so generally injurious to the many, as this impost, levied tyrannically and fraudulently, against the interest and against the will of the whole community, I doubt whether it should not rather be termed robbery with violence or fraudulent extortion.

106. This dictatorship is being most forcibly exercised by those who, since they hold the money and completely control it, control credit also and rule the lending of money. Hence they regulate the flow, so to speak, of the life-blood whereby the entire economic system lives, and have so firmly in their grasp the soul, as it were, of economic life that no one can breathe against their will.