Small business got nothing. But Fed bailed out every single big company, Zombies, Uglies, indiscriminately.
Mish: Small Business Guarantees Are A Bucket Of Moral Fraud | Zero Hedge https://www.zerohedge.com/personal-finance/mish-small-business-guarantees-are-bucket-moral-fraud

“If you think people were upset about bailing out banks where the CEOs were making $50m a year, how are they going to feel about bailing out private equity firms where the CEOs make $500m a year?”

Fed Effectively manipulate markets and investor psychology without by taking “unlimited” action to try to scare investors and risk assets higher.

What Fed missed is: Dollar printing has consequences. Supply and demand matter

There is over $15 Trillion in USD denominated corporate debt maturing in the next 3 years; 25%+ of this total in 2020. A soaring dollar means that those issuers have rising liabilities relative to their assets. U.S. dollar denominated debt

Going forward, foreign countries will not make the same mistake and will phase out of the US dominated currency since US treasury, T-Bill and US bonds are now tied to 'CCC' junks bonds, Carnival Cruise, failing US oil companies and other zombies that can not survive

In 2008 Treasury Paulson made an example of Lehman Brother to teach WS prudent. It didn't work

On 8 April 2020, Fed Jerome bailed out every rich man and his dog. Effectively telling them do whatever Fuck you want to do