If there were no other options besides asset stimulus and doing nothing, I may agree with you. But we can do other things (like UBI) that improve equality of op

If there were no other options besides asset stimulus and doing nothing, I may agree with you. But we can do other things (like UBI) that improve equality of opportunity, provide a safety net, and are probably net positive to the overall value of the economy in the long run (compared to the modern bailout/asset inflation economy, anyway).