FED's $10 Trillion Defends Assets of the Rich - Michael Hudson

What the Corona virus did was somehow give an excuse for the government to create all of this money saying it was going to be for small business
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There is only one reason for a stock or bond prices to go up. And that’s because of the flow of funds into the stock market.   

All this money is coming into the market from the 10 trillion dollar bailout via the Federal Reserve. The Federal Reserve is going out directly and is buying stocks, bonds, junk bonds, mortgages, junk mortgages, all to prop up the value of assets.

None of this bailout money, none of this 10 trillion going into the stock market has any effect at all on the real economy of production and consumption. It’s solely to support the assets that are held almost eighty five percent by the wealthiest 10 percent of the economy..