How billionaires got $637 billion richer during the coronavirus pandemic

I dunno, could have maybe something to do with the Fed handing out billions upon billions of dollars in free loans to large banks and giant corporations, buying junk bonds and obtaining the power to directly purchase ETFs.

Or, could be the Treasury that handed out "small business loans" to large amounts of corporations or "tax credits" to "small businesses" that amounted to millions of dollars per head in some cases.

Couldn't be the obvious, widespread corruption and fraud, or the government that failed so terribly in its response to a pandemic that even the simplest of purchases is made online because Coronavirus and maskless morons are so rampant that it feels like the floor is lava anywhere but your own living room.

Nah, you know what I think you guys? I think they earned it! /s

I bet Bezos was really maximizing his time and that's how he EARNED those billions. /s

But don't worry anyway, because they're not really that rich at all...because It'S nOt LiQuID. /s

I'm sure when millions of Americans become homeless in the middle of a pandemic they can take solace in the fact that Bezos can buy another mega yacht. /s

/r/politics Thread Link - businessinsider.com