Actually, there was no reason whatsoever for the asset purchases of bonds that were placed to stabilize the market to be made in the form of Black Rock Products

Actually, there was no reason whatsoever for the asset purchases of bonds that were placed to stabilize the market to be made in the form of Black Rock Products. Its not nefarious, in the, business as usual sense that all federal economic intervention chiefly benefits the Uber Uber wealthy. The last time I calculated, the bonds purchased that ended up on the fed balance sheet worked out to >14x the payments made to individuals. It is not surprising that if one goes to Black Rock to learn how to stabilize markets, Black Rock says buy our stuff. It is however ridiculous people are naive to the relative flows of capital. I can't stop hearing about funemployment, and just thinking about how fun my job is at the hedge fund lol.